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RE: Simplify Steem blockchain rewards by distributing only STEEM and SP but not SBD
This only benefits traders/crypto savvy and not the majority who just have the ability to blog. I believe the current system though flawed, offers a move even ground for all parties.
What the original developers failed(and are still in denial) to acknowledge is that the value of anything(in this case sbd) will always be subject to market forces of demand and supply and hence price fluntuations. Limiting steem Power withdrawals is already sufficient to pad the steem ecosystem. Doing the same with sbd will only frustrate the general public.
One of the "benefits" of crypto over fiat is supposed to be instant transactions
SBD can still be traded in the open market. You do not have to do the 3.5 day conversion into STEEM. I believe nobody does because, as you say, market forces have pushed up the price of SBD beyond the price offered through the 3.5 day conversion into STEEM.
So is it safe to say that SBD rewards have confused your Steem blockchain experience?