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RE: The Steem-Backed Dollar (SBD): Having your cake and eating it too
It's definitely a research project . . . . The beta tag isn't there because of bugs (Steemit seems to only have as many as your average non-beta commercial code and less than most websites) -- but because we are in uncharted territory here (and the constant navigation changes make creating and maintaining documentation and keeping user knowledge current nearly impossible.
The current value of my Steem holdings is way below what I've put into it. Hopefully that will turn around and Steemit will thrive. These changes, as painful as they are, are, I believe, the highest probability path to that goal.