Viewing a response to: @aggroed/steem-tips-keep-posting-on-the-way-down-and-on-the-way-up
Aggroed, please help me with something about SBD prices (since you are here a long time, you might have some answer) On steemit documentation It is written that the value of SBD is supposed to be as close as 1 dollars as possible. Doesnt the high price defeat the ideia of an stable trustful currency? I was expecting some variation, but not a 10x higher. If 1 dollars = 1 SBD is the os the aim told from the documentation, How this would this be supposed to happen?the only way i see is Steem Inc selling lots of SBD to take the price down. But then, It wouldnt be a Free market. Could you help me with this conundrum?
| post_id | 21,550,285 |
|---|---|
| author | phgnomo |
| permlink | re-aggroed-steem-tips-keep-posting-on-the-way-down-and-on-the-way-up-20171222t225755821z |
| category | steem |
| json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
| created | 2017-12-22 22:58:03 |
| last_update | 2017-12-22 22:58:03 |
| depth | 1 |
| children | 1 |
| net_rshares | 0 |
| last_payout | 2017-12-29 22:58:03 |
| 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 | 624 |
| author_reputation | 22,733,518,989,206 |
| root_title | "STEEM TIPS: Keep posting on the way down and on the way up." |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
Yeah, I don't think it works the way ned and steemit thinks it does, but I think it still provides a giant benefit.
| post_id | 21,667,578 |
|---|---|
| author | aggroed |
| permlink | re-phgnomo-re-aggroed-steem-tips-keep-posting-on-the-way-down-and-on-the-way-up-20171223t190604454z |
| category | steem |
| json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
| created | 2017-12-23 19:06:06 |
| last_update | 2017-12-23 19:06:06 |
| depth | 2 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2017-12-30 19:06:06 |
| 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 | 115 |
| author_reputation | 823,295,147,248,484 |
| root_title | "STEEM TIPS: Keep posting on the way down and on the way up." |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |