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RE: My BitShares and Steem Witness/Project Update and Future Plans
And what do you think about Steem Dollar, should it be pegged to the US-$ or completely removed from the system? After all, it seems like it has no real purpose except for confusing users and speculators.
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Another one: Do you know the user/person behind berniesanders, is it a witness?
I still believe that SBD serves a purpose. The sudden increase in demand has made everything jump. I'd give it more time before ruling it out, which I hope will not happen.
However, possible countermeasures to make the peg hold more stable may need to be addressed. I'm currently not engaged in that though.
Regarding berniesanders, I do not know who it is. He's not a witness as far as I know.
Which purpose has SBD? So far the only one I could find is "being pegged to the US-$". Aren't you concerned that SBDs and their structure of being an electronic fiat currency could harm steemit as a platform? After all, the peg didn't work and now there are thousands on and outside Steemit who have SBD in their wallets and think it's something they can store value in - although it's the opposite. This strikes me a bit.