I disagree that SBD is holding us back, it has shown some problems, but we have to thanks to SBD for giving us our last bull run, it was the biggest responsible. Without the incentive of SBD price above $1 you wouldn't have reached 1 million accounts, not even in the next 5 years. We need it to grow, when we reach the 1B accounts I guess then we will be able to discuss the end of SBD´s.
I understand that it might hurt some projects, but why would we work to protect a project instead of the growth of the community... both important, but a project will never succeed without people to support it!
I totally agree with @diogosantos. All that demand for SBD and those investors that pumped up the currency literally paid for Steemit users and grew Steemit to what it is today. SBD is a huge pipeline for new money into STEEM. Just saying it doesn't suit my fancy today because people want it too much and it is valued too much just doesn't make sense. One might as well argue with their boss and complain that they are getting paid too much. I'm just visioning a "Saturday Night Live" skit where someone threatens their boss that they are going to quit unless their paycheck is reduced.
Ultimately folks need to relax and look at SBD in the long term when the number of Steemit users reaches hundreds of millions. Right now we are not even getting started yet and already want to kill a powerhouse like SBD from even given a chance to mature into what it is intended to be. Everyone calm down... Put your pitchforks and torches down and think of long term benefits. Hell, even current benefits have been phenomenal.
Until you pay your workers to much then drop what they are getting by hundreds of percents. That's basically what happened, it got pumped so high that people joined and because they got less they quit. We seen it before some of these people at the start got thousands of dollars and when the money dried up because new curves they quit.
Then when Steem and Sbd went up they came back. Were giving users to high expectation that they will get rich is little amounts of time, And that had lead to poor user retention.
I hear what you are saying. I just don't see how killing SBD will fix the issue. It would cut the legs out from under STEEM. I would be a huge blow to the STEEM economy.
I'm an engineer and engineers hate fixing anything without properly defining the root cause. It would be like trying to treat Syphilis with a topical cream. It is just not going to work. In defining the root cause, you need to define why the value went sky high and why it plummeted. Simply getting rid of it doesn't address the issue.
By the way @zappl, I don't want to sound like I'm trying to beat you down. I really admire everything you have done, and want to see you succeed. I want to see you legacy succeed. I think it will be huge.
Exactly @socky, I´m not an engineer, but I´m a believer, and if we are having trouble retaining people it isn´t because of SBD´s price fluctuation, STEEM is as volatile as SBDs.
I definitely understand your thinking @zappl, and I have seen some other projects complaining, but the reality is that everybody that is a part of the community suffers with price changes, and if your workers are not ready to sustain some drops in prices, they definitely misjudged what they were getting involved into.
Pretty much what I'm thinking.