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RE: Saving SBD - Proposal to Restore the $1 USD / $1 SBD Peg

in #sbd7 years ago

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.