Why not having 1 SBD stabilized in 2$?... That's better than 1 SBD stabilized in 1$... I think that SBD is stable, but USD is losing its value... Now devaluing SBD would not be good for us... So, shop owner better sell in SBD rather than USD that is constantly devaluing itself...
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If it actually was able to stabilize at $2, then I would not really have an issue with it. We might need to rename it :) but it would function. The problem is that it is not really stable at $2. Next week it could go up to 3, or down to 1. The week after, it could go in reverse. The instability is really more the problem, rather than the asset it is pegged to.
Why not $3?