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RE: Instead of STEEM DOLLARS how about STEEM GOLD?
@buggedout - sounds like a great idea if Steem dollars can be backed by gold, it would actually drive more investment into the Steem platform, it would become a safe haven asset as well as the most useable crypto on the market.
At some point in time there is going to be a major Stockmarket and US Dollar will collapse and there will be few places to hide which will be unaffected by price collapses. It would be great if Steem gold could be implemented to provide this protection.
You hit the nail on the head @cryptoandzen
I am trying to find exactly those "few places to hide which will be unaffected by price collapses" but at the same time have a diversified portfolio. It's a tough assignment but I have a few options and STEEM GOLD would be a nice one to add to the list.