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RE: Vlog 198: Enforce the SBD peg or not?
nice analogy, where is all that value going to go if it gets pegged. just seems like a burning of resources.
nice analogy, where is all that value going to go if it gets pegged. just seems like a burning of resources.
It's going to be destroyed, which was the point of my comment.
Its a mischaracterization of the problem though if SBD was pegged at $1 the value (or at least a lot of it) would shift over to the steem token so it's not like throwing away money, more like shifting to a new bank account