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RE: Steemit from the investment side - thoughts and general musing.
I personally don't like the idea of pegging SBD to a dollar. If you do this then there is absolutely no reason to invest in SBD unless you are using it to park money when you think the markets are going to take a serious hit.
Allow the free markets to do as they will.
They were supposed to be pegging the sbd though, I agree in letting steem float, though for investment purposes if the sbd was pegged, you are guaranteeing a safe return on at least one part of steemit.
The peg was only on the downside. There never was an upside ped.
An even money exchange isn't giving any sort of ROI, that is $10,000 in will always be $10,000 out with a pegged SBD. So unless there is a built in inflation factor nobody would even consider investing in SBD.