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I really do not understand the rationale and reason behind pegging another coin at $1 when USDT is there. Okay, are we now trying to put sbd in apposition with USDT? Trust me, I foresee discouragement on the side of minnows if this happens. Then for whales with huge sp, how will you be sure they won’t power down at high steem price and leave the system? Or better still, they could buy back the sbd, and of course, the price of sbd will moon again
RE: Steem experiment: Burn post #130