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RE: Hodling STEEM Power makes STEEM
If SBD is effectively pegged to $1 it becomes very valuable for commerce. Unpegged it is just as useless as a second big toe.
If SBD is effectively pegged to $1 it becomes very valuable for commerce. Unpegged it is just as useless as a second big toe.
The only way to make SBD valuable is get rid of Steem trading. Ironically in Australia, you can trade Steem but not SBD.
Why is it useless? This makes no sense. Especially when it has high value.
It offers nothing that STEEM doesn't when it isn't pegged to $1.
Nothing? That's logically incorrect. The payouts come in Steem Dollars. The higher they are the more value people get in return.
The payouts come out in STEEM Dollars "now", but if we decide the peg no longer exists and will not be enforced it can easily be switched to STEEM and SBD can be removed without any impact on the system.
Right now, of course, SBD has some use because it is being used by Post Rewards, bots, and it has a value, but it can be removed and all that can be handled by STEEM.
Perhaps. But Steem Dollars sounds cool. We should keep it.
Best.Argument.Ever. Haha
yes. sbd is like bitcoin, steem and steem power like
mining machine and electric power
You are wrong. Steem Dollar is like US Dollar. While Steem is to keep the SBD stable.