Poll: Should we get rid of the SBD (Steem Backed Dollar), and just use Steem for everything instead?
Click to Vote: http://pollmaker.vote/p/62N0F0FL
If you think the question is more complicated than a simple yes or no, please explain in the comments section as to why you think we should still have both?
The truth is I am too dumb to see the implications of having SBD removed on the STEEM price.
I'm just commenting to tell you that is nice to see you posting again. :D
Ha ha, yeah, well it was Steemit related, so I figured why not.
Also, I replied to your comment below, and I think the implications would be negative if the Steem Dollar was actually pegged to the United States Dollar, but since it isn't, I think just using Steem would be the better option.
We must to keep sbd as well this is very important we have botn sbd and Steem
Could you explain why my friend?
One of power and one for day to day use
But you could just split your Steem up and do the same thing though correct?
Not really
In order to cash out steem from sp you need few weeks sbd is much more avilabe
Yes, I understand that, but they could just payout in Steem Power and Steem though.
@tolkatore really sir you so great man
Steem is more difficult to get
How so?
For example
If a post earns 10$
You get 3.75 sbd and 1.25 steem which is approximately equal to 10$ (after curation)
If there was just steem, you'd get 2.5 steem which equals 7.5$ (after curation)
This is with respect to the current prices of steem and sbd
Wouldn't they just adjust it to where you get the equivalent of $10.00 in Steem?
Then it would be perfect in my opinion.
Seems like most people think likewise
Yeah, because I think Steemit and all it's other properties would be better off using one unified currency.
I understand you, but i think if we are switching to just steem then the percentage payout should increase
I don't know if that would be sustainable, if anything they are going to need to lower payouts, because the big monopolies here on Steemit are making the bulk of all the rewards, and if they don't slow it down, Steem will become worthless.
We should use steem dollars
Why not just get paid in Steem though?
You so great
Honestly I think this is a great idea,
When I first joined I remember wondering wtf we had three crypto variants for one Platform.
There isn't 3, Steem Power is still Steem, so technically there is only 2, and the Steem Dollar isn't tied to the US Dollar, so I don't understand why we need it?
We need the opportunity to buy everything by SBD
But we could also buy anything with STEEM, right?
That's exactly why I don't know why we need the Steem Dollar, like what would be the difference if we bought something with Steem or a Steem Dollar. If the Steem Dollar was pegged, then I would understand the need for it, but it is not.
I submitted my answer @tolkatore...
Cool beans, and thanks for participating.
Welcome, Four votes is submitted.. and its equal to yes or no..
Yep, and I think a lot of people don't understand that since the SBD isn't anchored to anything, that it has no purpose now, because Steem can do the same thing.
Absolutely right thought.... Your statistical count is really a great initiative .. @tolkatore
umm I think yesh, coz Sbd rate is still low
Hmm, I'm not sure what that has to do with anything, and why couldn't we just use Steem for everything on the Steem blockchain.
yesh, this is the main point
SBD provides the stability to the worlds cryptocurrency and if some one will say we should use steem for everything But could we use steem to buy everything we need ????
Well now, due to the fact that the Steem Dollar floats, it no longer offers stability, which is the reason why I brought this topic up in the first place.
I don't think so. SBD is important. If the value of SBD increases it would benefit us in ways.
That doesn't make any sense, because if we switched to just using Steem, and it increases, it would benefit us in the same way would it not?