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RE: YOU Can Get STEEM or SBD on an Exchange
When SBD was over inflated, Investors on exchanges were paying for Steemit economy and all the users were benefiting from that extra revenue. If there had been no pump and SBD held the $1.00 price, then none of that explosive growth would have taken place.
The Steemit economy today is producing 60K transactions per day and holding which is a gauge of Steemit usership. Compare that to when the price of SBD before the pump. It was around 20K transactions per day. We would still be at 20K transactions per day if there was no SBD pump. Considering how much the market fell, it may even be less than 20K.
Ok, so investors got duped and users lost the chance on having a full fledged services ecconomy. Platform market cap at same level as before the pump despite of 3 times the transactions and this is a good thing ? Sorry but I truly don't know how to respond to that.
I don't think rehashing what I already said or pointing to what SBD was designed to be is going to change your mind on this one.
I can only hope no witness will be convinced by this reasoning and will contribute to the demise of SBD in the way you are advocating.