Viewing a response to: @samupaha/sbd-is-broken-why-not-just-remove-it
Myself, I worry that it's still to early to remove SBD. It got us this far... and we're not out of the woods yet. SBD is meant to be approximately a $1.00 worth of steem, so it could be used like a currency for purchases like how Bitcoin is used on e-commerce sites. (Yes I know, SBD has been bouncing around and isn't always $1.00 -- but it really should be an average of $1.00 over 7 days I think) I like the idea of SBD. I just wish it would stay near $1.00 of steem so we can get more e-commerce sites accepting something (like SBD) in crypto that is always worth approximately $1.00 USD If STEEM itself jumps around in price too much, it gets confusing. We really should have SBD as a normal "peg" that tracks the US Dollar... it brings stability to STEEM in certain ways. I don't know, let's ask Dan, Ned, and whomever was here during the initial days of when SBD was coded into the system if it is time to remove it.
| post_id | 3,133,510 |
|---|---|
| author | intelliguy |
| permlink | re-samupaha-sbd-is-broken-why-not-just-remove-it-20170528t064351219z |
| category | sbd |
| json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
| created | 2017-05-28 06:43:54 |
| last_update | 2017-05-28 06:44:33 |
| depth | 1 |
| children | 4 |
| net_rshares | 24,167,787,219 |
| last_payout | 2017-06-04 06:43:54 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.036 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 931 |
| author_reputation | 62,293,745,530,431 |
| root_title | "SBD is broken, why not just remove it?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| intelliguy | 0 | 24,167,787,219 | 100% |
> I like the idea of SBD. I just wish it would stay near $1.00 of steem so we can get more e-commerce sites accepting something (like SBD) in crypto that is always worth approximately $1.00 USD This is the reason why I've been supporting SBD so far. But my opinion has changed because I haven't seen any real effort to make SBD useful in any commercial markets.
| post_id | 3,134,267 |
|---|---|
| author | samupaha |
| permlink | re-intelliguy-re-samupaha-sbd-is-broken-why-not-just-remove-it-20170528t072242848z |
| category | sbd |
| json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
| created | 2017-05-28 07:22:42 |
| last_update | 2017-05-28 07:22:42 |
| depth | 2 |
| children | 3 |
| net_rshares | 22,717,719,986 |
| last_payout | 2017-06-04 07:22:42 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.033 SBD |
| curator_payout_value | 0.001 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 362 |
| author_reputation | 43,651,583,224,016 |
| root_title | "SBD is broken, why not just remove it?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| intelliguy | 0 | 22,717,719,986 | 100% |
Oh it's very early. By the time people start thinking we need this.... people are already coding it.... and that's probably happening right now. I fully expect by the end of this year, you should be able to transfer SBD to buy yourself something on the internet quite easily without having to sell for Bitcoin and then buy it. Bitcoin's network is delayed, saturated, requires you to convert into/out of a centralized exchange from STEEM People would just rather send SBD to a STEEM USER and have their purchase approved. STEEM users are not cryptocurrency geeks. They are everyday people. These everyday people don't want to learn how to convert to bitcoin to spend their earnings. Let them use SBD and you've got a huge crowd of buyers.. :) Just wait for it... it's coming...
| post_id | 3,134,331 |
|---|---|
| author | intelliguy |
| permlink | re-samupaha-re-intelliguy-re-samupaha-sbd-is-broken-why-not-just-remove-it-20170528t072611070z |
| category | sbd |
| json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
| created | 2017-05-28 07:26:15 |
| last_update | 2017-05-28 07:26:15 |
| depth | 3 |
| children | 2 |
| net_rshares | 23,201,075,731 |
| last_payout | 2017-06-04 07:26:15 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.035 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 785 |
| author_reputation | 62,293,745,530,431 |
| root_title | "SBD is broken, why not just remove it?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| intelliguy | 0 | 23,201,075,731 | 100% |
I've been in the cryptocurrency world long enough to be very skeptical of promises like "just wait, it's coming". I want to see real work and real results.
| post_id | 3,136,001 |
|---|---|
| author | samupaha |
| permlink | re-intelliguy-re-samupaha-re-intelliguy-re-samupaha-sbd-is-broken-why-not-just-remove-it-20170528t085822244z |
| category | sbd |
| json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
| created | 2017-05-28 08:58:21 |
| last_update | 2017-05-28 08:58:21 |
| depth | 4 |
| children | 1 |
| net_rshares | 0 |
| last_payout | 2017-06-04 08:58:21 |
| 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 | 156 |
| author_reputation | 43,651,583,224,016 |
| root_title | "SBD is broken, why not just remove it?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |