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RE: A fable about a Shepherd who also raises wolves
But there is some threshold, after which SBD becomes pegged not to USD, but to Steem market cap, at least, such proposal was discussed several months ago, or am I wrong?
Anyway, there is urgent need to try different approaches... Thank you!
Yes, the idea has popped up several times but after 6 months thinking that the world has turned to the right when I consider the price chart, and never a recovery, ever. Not a real one. The curve is on a slope.
It should be more organically bound up and unwound is the main point I am driving towards. This should not be in the control of the witnesses, users should determine this by their own activity. This is also why it should cost you (more) to hold them, they require more accounting work than the Steem. Steem we have of course the tax of new currency issue that distributes to support the system. So the cost of holding it should be more than Steem. And before anyone forgets, the free transactions are based on the idea that holding Steem is a benefit to the network (!). (IE, NOT SPENDING IT).