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RE: I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.)
SBD shouldn't even exist, it adds nothing. You could just used liquid steem for any case where sbd is used.
Yes it does! It creates a currency. Steem is not a currency, if you want steem to matter in any significant way Sbd needs to work.
Vote bots accept liquid steem, STEEM is a currency. What is the functional difference between liquid steem and sbd?
in order for something to be currency it requires stability, else not useful for commerce. steem is an asset sbd is designed as a currency. sbd has design flaws which is why it does not work as currency either currently. Tim is trying to fix these.
I'm glad to see someone actually saying what I was thinking all along: the real "currency" is the SBD, whereas STEEM is more like a security / asset. I actually see STEEM as a sovereign bond of the "Steemia" - the virtual country where people earn and spend SBD (the internal currency)
I agree. But SBDs add liquidity to the ecosystem. Any debt based asset does.
If it wasnt for SMTs id be for SBDs remaining but with SMTs coming tbere really is no use for them. The peg only seemed as a gimmick to me.