RE: Low Price And What Can Be Done / Where Did All The SBD Go ? by chekohler

Viewing a response to: @rentmoney/low-price-and-what-can-be-done-where-did-all-the-sbd-go

sbd · @chekohler · Aug 10 '18

Due to the decrease in the marketcap of steem the system there was far too many SBD printed and the debt ration has to stay at a certain level. I think its 1:5 or something like that

For now you'll have to enjoy more SP which i'm not too concerned about, at this point i need more steem power

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@rentmoney · Aug 10 '18 (edited)

We should just do away with SBD and use Steem for everything. I don't think two is needed.

properties (22)

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@chekohler · Aug 10 '18

SBD has its uses and is an important part of the Steemit ecosystem without it this platform would be even more volatile if can believe it. It shows its true value when Steem price rises and users need to be paid out in a more stable commodity.

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@rentmoney · Aug 10 '18 (edited)

Sure it has its uses but at what cost. No platform will survive without users and the average social media user are going to look at the Steemit wallet and be overwhelmed. A simplified system is needed for mass adaption imo.

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