Viewing a response to: @timcliff/re-bacchist-re-timcliff-re-bacchist-re-timcliff-re-bacchist-re-timcliff-saving-sbd-proposal-to-restore-the-usd1-usd-usd1-sbd-peg-20170523t023002690z
> It is one of those things that has it's trade-offs. It just depends on which positives/negatives you weigh more heavily Maybe. When one considers "existential/systemic" vulnerabilities as @bacchist claims, there is a reasonable argument that should override other tradeoffs (at least others that do not also involve such systemic risks). That being said, one can question whether his claim is correct. I have some similar concerns.
| post_id | 2,966,730 |
|---|---|
| author | smooth |
| permlink | re-timcliff-re-bacchist-re-timcliff-re-bacchist-re-timcliff-re-bacchist-re-timcliff-saving-sbd-proposal-to-restore-the-usd1-usd-usd1-sbd-peg-20170523t030857600z |
| category | sbd |
| json_metadata | "{"app": "steemit/0.1", "users": ["bacchist"], "tags": ["sbd"]}" |
| created | 2017-05-23 03:08:57 |
| last_update | 2017-05-23 03:08:57 |
| depth | 7 |
| children | 2 |
| net_rshares | 4,511,648,020 |
| last_payout | 2017-05-30 03:08:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 435 |
| author_reputation | 119,002,354,889,508 |
| root_title | "Saving SBD - Proposal to Restore the $1 USD / $1 SBD Peg" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 4,511,648,020 | 1% |
I see existential/systemic vulnerabilities if there is no debt limit :)
| post_id | 2,967,630 |
|---|---|
| author | timcliff |
| permlink | re-smooth-re-timcliff-re-bacchist-re-timcliff-re-bacchist-re-timcliff-re-bacchist-re-timcliff-saving-sbd-proposal-to-restore-the-usd1-usd-usd1-sbd-peg-20170523t035659084z |
| category | sbd |
| json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
| created | 2017-05-23 03:56:57 |
| last_update | 2017-05-23 03:56:57 |
| depth | 8 |
| children | 1 |
| net_rshares | 0 |
| last_payout | 2017-05-30 03:56:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 71 |
| author_reputation | 262,354,724,187,317 |
| root_title | "Saving SBD - Proposal to Restore the $1 USD / $1 SBD Peg" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
Potentially that argues to look for a way to wind down SBD altogether, and remove the threat. Or look for a third option. Dan's earlier proposal for forced liquidation has a lot going for it, but unfortunately creates serious ecosystem issues. So we need a fourth option I guess...
| post_id | 2,972,450 |
|---|---|
| author | smooth |
| permlink | re-timcliff-re-smooth-re-timcliff-re-bacchist-re-timcliff-re-bacchist-re-timcliff-re-bacchist-re-timcliff-saving-sbd-proposal-to-restore-the-usd1-usd-usd1-sbd-peg-20170523t082404700z |
| category | sbd |
| json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
| created | 2017-05-23 08:24:06 |
| last_update | 2017-05-23 08:24:06 |
| depth | 9 |
| children | 0 |
| net_rshares | 4,518,502,985 |
| last_payout | 2017-05-30 08:24:06 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 281 |
| author_reputation | 119,002,354,889,508 |
| root_title | "Saving SBD - Proposal to Restore the $1 USD / $1 SBD Peg" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| timcliff | 0 | 4,518,502,985 | 1% |