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RE: Campaign to get SBD listed on Binance Oct 5, 2018
@socky you nailed it, worldwide acceptance of STEEM and SBD needs to come through exchange support. I would love to see more options in trading pairs for STEEM as it is but having an external exchange for STEEM - SBD would also be amazing.
Is SBD listed anywhere? Never had an interest in taking anything out of the platform but if I could use it to increase my coin count with strategic trading I would definitely give it a go. I wonder if possibly the $1 peg for SBD has something to do with it not being submitted for listing, internal market only thus better control of the peg?
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I think that it is possible that there the lack of listing on exchanges may be intentional. Given the hands-0ff approach from STINC, I doubt that theory. SBD peg has other mechanisms to peg it to the US dollar and does not require limited exchange exposure. If STINC was actually worried that there is too much debt, they wouldn't have added the SBD change to HF20 to allow payments in SBD when the debt ration is high. They could also reinstate the conversion to STEEM which is not available to the majority of users. STINC and witnesses would argue that the conversion option to everyone is available with advanced wallets, but no-one knows how to use them.
What is crazy is people complain that the price of SBD goes too high and those same people are paid in SBD. It is like crying to an employer that the value of the money that they are getting paid in is worth too much. So many people have no economic sense whatsoever.