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RE: Ned on SBD: "Does the community want to continue to be paid out in Steem Dollars?"
You can't disentangle the two. The pound (even though it is doing badly now) has nowhere near the volatility of a cryptocurrency.
The lower the Steem value goes, the smaller the value of payouts will be. New people will be less attracted by that.
Further I don't think having a pegged note is any simpler than having a cryptocurrency on it's own. People can understand that different currencies have different values.
I really don't see any disadvantage to removing the Steem Dollar in that sense. People will go where the money is like I said before. Money is a great motivator to learn new things.
People will go where the money is -correct. So what does it matter if the payouts get low? I don't see any other social media platforms paying me a couple cents for a comment. We're safer to attract a userbase while the price is low, rather than when the price is unrealistically high, as people quickly get used to making that kind of money, and suddenly $40 a post isn't enough. This is a better price to grow at!