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RE: Why do we need SBD?

in #speakyourmind7 years ago

But why not just have one currency, but on the 50/50 setting, only half of it is automatically powered up, and the other half (what would have been SBD) is liquid? Rather than having a second internal currency just to deal with that created situation?

If it's because it's supposed to be a 1:1 ratio, then you wouldn't end up with cases like this week where it was up at $16, or around 9:1 ratio either.

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I don't know why you can't accept its purpose!

Sbd pegged to $1 or 1:1 to your potential rewards, not in current market value!

Sbd is still crypto, once in the market, it can be pumped or dump!

And I don't know why you can't understand that we don't understand why the need for 2 different crypto. Not to mention that SBD isn't pegged as shown by the current value of it.

Or are you trying to say that when SBD is at $2 we get half as much of it as we would when it's at $1, which isn't what's currently happening from what I can tell in my payouts.

Read aggroed post the this issue and history why sbd came in steemit, and its purpose!

https://steemit.com/sbd/@aggroed/the-benefits-of-inaction-a-defense-of-a-high-sbd

Tell you don't still get it,