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RE: Attention Keynesian Meddlers - SBD Floor ("Non-Peg") Is Working As Designed

in #sbd7 years ago

"It's about stable crypto"

Nobody cares about stability if there is a price floor and there is effectively only upside.

I just like to bash at Krugman.

I haven't heard of a single vendor wanting to come to Steem but can't because of "SBD volatility". Where are all the vendors who wanted a pegged asset when it was actually pegged? This is the typical canard I hear, but where is the demand other than hypothetical?