RE: Now is the perfect time to invest in Steem Dollars! Let us buy!
I respectfully disagree.
People should be buying Steem, not SBD.
SBD's last run-up was not because of fundamentals. It was simply naive, FOMO buyers that didn't know the difference between Steem and SBD.
By design, SBD is supposed to be pegged to the dollar (one of them) for the stability of the platform, to appear like a safe haven during crazy, irrational exuberance, uncontrollable market conditions, and function as a major, controllable relief valve for the Steem ecosystem (via interest rates).
Sooner or later, witnesses will fix this mayhem and bring SBD down closer to the dollar.
Who knows? It may take negative interest rates or whatever other mechanism that has majority consensus to do it.
Otherwise, the tenets of Steem's white paper is worthless and another economic model must be adopted.
If not, the future of the Steem blockchain will be in jeopardy due to artificially inflated, unsustainable SBD prices and perilous times are soon to come.
Namaste,
JaiChai