You are viewing a single comment's thread from:
RE: Our monetary system is doomed and experts are all in agreement...?
There are always being mire SBD created, so there would not be no future limitation problems as wit BTC f.e.!
SBD should be pegged to 1$ according to the whitepaper - the mechanisms just are not working fine. But there is an ongoing discussion on implememting mechanisms (mainly starting an option for reverse conversion steem - sbd)!
There is a good post by @reggeamuffin about it - I will drop the link when I am back home ;)
Thanks for letting me know - I am aware of that discussion. Just meant current state. But sure - drop the link. Always worth reading something about steemit and its mechanics!
This is the standpoint from witness @reggaemuffin and others who are in favor of a better pegged 1$ SBD; https://steemit.com/witness-category/@reggaemuffin/witness-discussion-sbd-price-and-reverse-peg
@aggroed and some others are against that.
What is your opinion?