I agree, adjusting things in one direction is not the same thing as adjusting them in the other direction due to the systemic risk one can introduce in a bear market. We need to think longer term.

That said, I do like exploring ideas (such as reverse conversions) to put pressure on speculators not to speculate on a pegged asset. I've been running an ecommerce platform for 10 years and trying to get merchants to enable BitPay or Coinbase since 2013. They are scared of fluctuating currencies or anything new they don't understand or can't rely on. If we could offer them 1 SBD = 1 USD, they might go a very long way toward global cryptocurrency adoption. That's a really cool thing. I'd like to see a solution to enable the peg without introducing systemic risk. bitUSD is doing well, so we know it can be done.

I just posted my witness post (@lukestokes.mhth) last night, so I'm getting much more interested in these discussions. My witness is currently not adjusting the feed price.