Viewing a response to: @bacchist/re-clayop-re-bacchist-re-clayop-three-reasons-why-we-should-not-support-feed-premium-20170530t222357788z
I think stability is not the key. Please read [my post](https://steemit.com/steem/@clayop/toward-mass-adoption-of-steem-dollar-is-pegging-really-important)
| post_id | 3,219,064 |
|---|---|
| author | clayop |
| permlink | re-bacchist-re-clayop-re-bacchist-re-clayop-three-reasons-why-we-should-not-support-feed-premium-20170530t232805711z |
| category | witness |
| json_metadata | "{"app": "steemit/0.1", "links": ["https://steemit.com/steem/@clayop/toward-mass-adoption-of-steem-dollar-is-pegging-really-important"], "tags": ["witness"]}" |
| created | 2017-05-30 23:28:09 |
| last_update | 2017-05-30 23:28:09 |
| depth | 4 |
| children | 5 |
| net_rshares | 0 |
| last_payout | 2017-06-06 23:28:09 |
| cashout_time | 1969-12-31 23:59:59 |
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| author_reputation | 274,017,170,680,915 |
| root_title | "Three Reasons Why We Should Not Support Feed Premium" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
You make some interesting points, but I have a different point of view on it. I don't have any interest in SBD somehow replacing USD. But I do think that it has value if the peg is reliable, for being more comprehensible to the general public and easing their transition to using crypto in a way that is not intimidating. And if the peg is reliable, it would reduce the overhead of anybody who would want to do business on the platform, by eliminating uncertainty and conversions between fiat and SBD...
| post_id | 3,219,602 |
|---|---|
| author | bacchist |
| permlink | re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-three-reasons-why-we-should-not-support-feed-premium-20170530t235915391z |
| category | witness |
| json_metadata | "{"app": "steemit/0.1", "tags": ["witness"]}" |
| created | 2017-05-30 23:59:15 |
| last_update | 2017-05-30 23:59:15 |
| depth | 5 |
| children | 4 |
| net_rshares | 0 |
| last_payout | 2017-06-06 23:59:15 |
| 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 |
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| body_length | 503 |
| author_reputation | 85,331,840,145,173 |
| root_title | "Three Reasons Why We Should Not Support Feed Premium" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
I understand your point of view. But do you have a plan when converters have significant loss due to feed premium?
| post_id | 3,220,099 |
|---|---|
| author | clayop |
| permlink | re-bacchist-re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-three-reasons-why-we-should-not-support-feed-premium-20170531t002507087z |
| category | witness |
| json_metadata | "{"app": "steemit/0.1", "tags": ["witness"]}" |
| created | 2017-05-31 00:25:09 |
| last_update | 2017-05-31 00:25:09 |
| depth | 6 |
| children | 3 |
| net_rshares | 0 |
| last_payout | 2017-06-07 00:25:09 |
| 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 |
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| body_length | 114 |
| author_reputation | 274,017,170,680,915 |
| root_title | "Three Reasons Why We Should Not Support Feed Premium" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
Right now converters are losing 1/3 of their value by converting. That's a significant loss. What is the plan to address that?
| post_id | 3,220,169 |
|---|---|
| author | bacchist |
| permlink | re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-re-bacchist-re-clayop-three-reasons-why-we-should-not-support-feed-premium-20170531t002826507z |
| category | witness |
| json_metadata | "{"app": "steemit/0.1", "tags": ["witness"]}" |
| created | 2017-05-31 00:28:27 |
| last_update | 2017-05-31 00:28:27 |
| depth | 7 |
| children | 2 |
| net_rshares | 0 |
| last_payout | 2017-06-07 00:28:27 |
| 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 |
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| body_length | 126 |
| author_reputation | 85,331,840,145,173 |
| root_title | "Three Reasons Why We Should Not Support Feed Premium" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |