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RE: Pegging and what happens if SBD value falls below $1?

in #steem7 years ago

I am not in support in pegging SBD at $1 I believe the market should determine the price of SBD through demand and supply and also through speculating trading that is the basics of a free society @gadrian

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That can be done with Steem. To be honest, if I'd had a company, I wouldn't want anyone to "speculate" on my debt. But yet again, maybe Steem is an entirely different animal. I still think SBD should be pegged. But we can agree to disagree.

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