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RE: Pegging Steem Dollars (SBD) to USD : A Pro and Con Argument
This is a very sensitive but important topic. As a new member and a young lady in need of some SBD money , I will like to see high sbd price in order to gain however if it will go against the intended use and be an instrument for speculators then I am all for pegging as you rightfully indicated in this post. We should think long term and not short term and pegging is is better in the long run however it should be done wisely.
Speculation profits bring in new users, stability keeps them active
Hahahah good point which can be argued.
Sure, but isn't that why we have Steem and Steem Dollars?
i agree with your view @ronja, when we think short term, we would have problem on the long run, i love how you crafted the sentence "As a new member and a young lady in need of some SBD money"
Thanks for bringing this up @charles1, this is not the time to start loosing members on the platform, but then i am concerned if the SBD is raised, won't people start posting "nonsense" all in the name of earning some SBD?
I believe the two sides of the coin must be looked at.
Point, thanks for your comment
You say that like it's not already happening.
Good points indeed, there are 2 sides to the story