RE: Is SBD the new tether? by gbd

Viewing a response to: @bwar/re-gbd-2018217t03649407z

steem · @gbd · Feb 17 '18

$4.28

Pegging does not necessarily have to reduce author rewards. Nothing prevents SBD from being pegged to 5 USD, or the reward system to be tuned during the same move.

Now, 1$ is worth 0.5 USD in STEEM + 0.5 SBD
Why not 0.5 pegged-SBD + 0.5 STEEM?
Any technical aergument against that?

👍 gbd, locutus, symphonyofechoes, steemdrive, steemsportsfund, kassixo, sameer777, bigdave2250, life4you, mindforfun2, caroliny, epicdesigns, sethlinson, pravda, krystox, infini8y, neumannsalva, tagsplanet, jonesteemit, snrm, dheerajdj, aandebickel, tam-lin, donatello, questingtw, maurocostarica, bidnat, exan, thelifeofjord, jbp, mr-riddle, readallaboutit, donwhale, doctoryak, acidmaster, cannonwar, rufaz, heather2000, stormriderstudio, gringo211985, plushzilla, miketr, cliffpower, initforthemoney, sobaru, dahaz159, bestlife, rynergy, traderwhale, wond2006, mrrifat1, sextant, mostvulnerable, koolshani77, ethanlee, movieclips, luciamuresan, lixing, percygeorge, kyuubi, cessarespinozaa, sentience, tonygreene113, mejustandrew, and 26 others

`post_id`	33,249,228
`author`	gbd
`permlink`	re-bwar-re-gbd-2018217t03649407z-20180217t093954346z
`category`	steem
`json_metadata`	"{"app": "steemit/0.1", "tags": ["steem"]}"
`created`	2018-02-17 09:39:54
`last_update`	2018-02-17 09:39:54
`depth`	2
`children`	2
`net_rshares`	727,502,418,819
`last_payout`	2018-02-24 09:39:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	4.026 SBD
`curator_payout_value`	0.253 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	282
`author_reputation`	747,021,898,927
`root_title`	"Is SBD the new tether?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (90)

voter	rshares	pct
dahaz159	3,942,634,364	21%
donatello	8,507,554,395	46%
krystox	11,605,195,903	70%
steemdrive	22,721,547,029	73%
miketr	4,986,759,108	30%
bidnat	7,499,559,192	29%
sethlinson	11,995,838,826	20%
sextant	3,051,957,210	94%
yuriks2000	2,977,929,057	34%
mattmccauley	2,998,266,097	80%
steemsportsfund	19,577,685,606	21%
nataliechickee	2,878,315,319	26%
lazariko12	2,903,234,472	15%
maurocostarica	7,810,081,717	90%
readallaboutit	6,469,091,626	37%
epicdesigns	12,352,764,426	67%
stormriderstudio	5,308,054,195	35%
gyanibilli	2,934,292,275	22%
tradealert	2,973,880,870	30%
exan	7,387,973,627	72%
mr-riddle	6,586,932,539	98%
rufaz	5,748,883,570	65%
satfit	3,008,002,646	86%
jbp	6,773,577,311	86%
mrrifat1	3,450,388,862	97%
cessarespinozaa	3,026,082,035	85%
valderrama	2,968,953,335	29%
dheerajdj	10,103,512,952	69%
heather2000	5,578,416,502	89%
traderwhale	3,683,834,459	82%
allcapsonezero	2,883,416,536	21%
djmalith	2,948,811,689	29%
neumannsalva	11,163,029,100	71%
cocinecomounchef	2,998,007,648	90%
mooe	2,969,462,177	81%
tagsplanet	10,845,896,716	61%
bigdave2250	15,253,083,614	57%
justinlooney	2,974,651,746	80%
movieclips	3,037,243,856	69%
initforthemoney	4,750,667,668	60%
libertymarlow	2,922,234,387	24%
acidmaster	5,903,077,183	92%
locutus	28,763,161,949	52%
tonygreene113	3,023,338,626	42%
adrianschnell	2,805,899,865	20%
bestlife	3,895,673,482	21%
pravda	11,673,741,729	73%
lixing	3,029,998,520	82%
raviraj	2,950,509,611	17%
gringo211985	5,087,658,341	58%
bigdizzle91	3,002,085,369	20%
triniton	2,970,945,489	30%
jonesteemit	10,811,590,223	90%
luciamuresan	3,031,582,674	61%
donwhale	6,330,483,505	67%
tam-lin	8,828,927,055	47%
pravinsuthar	2,943,710,422	30%
cannonwar	5,798,802,989	10%
thelifeofjord	7,022,471,864	77%
mejustandrew	3,019,775,725	27%
kassixo	19,010,266,115	72%
plushzilla	5,067,402,416	67%
snrm	10,711,090,769	83%
sameer777	16,568,703,310	60%
xhodan	3,001,796,862	89%
life4you	14,530,308,716	67%
reyha	2,981,794,270	56%
percygeorge	3,028,034,359	39%
rynergy	3,705,008,628	48%
mostvulnerable	3,045,121,040	83%
venalbe	2,918,433,642	18%
sobaru	4,315,506,455	35%
positivibes	2,558,334,722	9%
giorgianapower	2,991,111,078	81%
caroliny	13,169,466,464	60%
gbd	132,572,647,226	100%
teamberlin	2,963,398,310	48%
infini8y	11,583,474,237	46%
koolshani77	3,043,320,410	88%
sentience	3,025,291,256	34%
wond2006	3,649,611,978	36%
ethanlee	3,042,985,112	83%
mindforfun2	13,440,533,789	92%
cliffpower	4,851,764,326	89%
kyuubi	3,027,600,938	93%
zekesito	2,818,985,708	15%
symphonyofechoes	26,124,319,293	25%
aandebickel	9,669,290,664	65%
doctoryak	6,272,342,102	90%
questingtw	8,363,335,341	48%

@bwar · Feb 17 '18

$0.12

The value it's pegged to doesn't matter. Because if they peg it to $5 they won't pay it out like it's worth $1.  

I really think that a product is worth what people will pay for it. I know that's not really the point of this argument but I truly believe that we should be allowed to trade freely without restrictions.

👍 worldclassplayer, gbd

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
worldclassplayer	0 B		20,599,508,034	5%
gbd	0 B		1,506,758,798	1%

@gbd · Feb 18 '18

$0.43

Well.. there's still STEEM to follow the market price

👍 yousafmaier, kuku12170, denk-mit, mylolmania, sarahlouise, tempusfugit, mejustandrew, cryptocat28, satfit, mikehamm, aximkrat, raserrano, m0glie

`post_id`	33,498,393
`author`	gbd
`permlink`	re-bwar-re-gbd-2018217t95329865z-20180218t121534890z
`category`	steem
`json_metadata`	"{"app": "steemit/0.1", "tags": ["steem"]}"
`created`	2018-02-18 12:15:33
`last_update`	2018-02-18 12:15:33
`depth`	4
`children`	0
`net_rshares`	76,651,462,942
`last_payout`	2018-02-25 12:15:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.430 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	53
`author_reputation`	747,021,898,927
`root_title`	"Is SBD the new tether?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (13)

voter	rshares	pct
mylolmania	7,058,095,298	45%
raserrano	2,568,538,925	72%
satfit	2,581,827,539	84%
aximkrat	2,569,151,597	85%
denk-mit	12,671,495,352	65%
kuku12170	13,221,964,357	61%
mejustandrew	3,513,863,514	36%
sarahlouise	4,715,185,643	73%
yousafmaier	16,503,877,981	72%
m0glie	2,561,790,716	92%
mikehamm	2,579,961,794	89%
tempusfugit	3,521,517,292	98%
cryptocat28	2,584,192,934	73%