Viewing a response to: @someguy123/re-aggroed-still-in-defense-of-a-high-sbd-why-witnesses-should-not-implement-steem-to-sbd-conversions-now-20180124t124026099z
The current situation was not the vision cited in the whitepaper for SBD, but is it really fair to even look at it as a problem? After all, who's the better authority on value - the whitepaper or the market? The growth is coming from the authors and from the investors and their security is more important than the small utility pegging SBD would afford the almost non-existant SBD-based commerce. Let's not forget that flipping a switch overnight will almost certainly crash the market and would wipe a huge portion of the blockchain's total market cap. Drastic measures in the name of stability in a market that's growing and doing fine is as misguided as things can get.
post_id | 28,323,175 |
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author | rocking-dave |
permlink | re-someguy123-re-aggroed-still-in-defense-of-a-high-sbd-why-witnesses-should-not-implement-steem-to-sbd-conversions-now-20180126t220345563z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2018-01-26 22:03:48 |
last_update | 2018-01-26 22:03:48 |
depth | 2 |
children | 0 |
net_rshares | 29,684,954,030 |
last_payout | 2018-02-02 22:03:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.194 SBD |
curator_payout_value | 0.063 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 675 |
author_reputation | 4,147,417,709,487 |
root_title | "Still in Defense of a High SBD: Why Witnesses Should not Implement Steem to SBD Conversions Now-" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
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fortified | 0 | 29,684,954,030 | 25% |