The price of steem basic dollar (sbd) was $12.62, now from an investment point of view let us say - if I had bought $10,000 in real monies worth - I would gave got 833.3 sbd.
If I wanted to on this day 16-03-18 cash out that 833.3 sbd after 3 months, it would now be worth $1833.26 in real money. Not a very good return is it my friends?.
I thought at some point in time the sbd was being pegged to the USA $? Interestingly though, if I had bought $10,000 worth of steem it would have been a whole different story, as steem was priced at $2.56 on the 18-12 and is still $2.05 today, so that loss would only be small, and maybe correct anyway by next week.
The only problem with buying steem is the temptation to lock it up in steem power, which we all know carries a penalty of 13 weeks to withdraw, making any massive steem price gains in a single day impossible to cash in on instantly.
Would pegging the sbd to the US $ not be more appealing to investors? it would to me at least, as I would be guaranteed to get back out what I put in at the very least, and interest on them sbd would have been earned by any payments coming in from my blogs on here.
More interestingly the sbd could be pegged to any $ that a country uses, like the Hong Kong dollar for instance would do for me, as you get HK $7.84357 for 1 USA dollar, making investing small amounts even more attractive, and the more investors the merrier.
As 
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