This exactly what they're doing. They are buying the SBD on internal market and there are bots that make sure that the SBD price on internal market and other exchanges is the same
Yeah, but why not do it with their own funds if this is what they want? And why their argument is that buyin it in one swoop won't work, but their way of buying slowly will? It's pure bullshit.
They are doing exactly this, but are using reward funds, and pledging for SPS funds to do this.
My whole point is that it is fucking useless. No matter if the price increase happens instantly or over a long period, the price will correct back to where it was, and everything won't be anything more than a really elaborate long term pump and dump scheme, and SBD will still be what it is today: a useless token.
Who do you think will benefit from this? Us, mere minnows that have less than 1k STEEM, or those with millions of steem that can generate hundreds of SBD when the debt ratio goes down again? What do you think it will happen with these SBD generated by these whales when the price go up again?
Then what? repeat the pump and dump process until eternity? It's pure bullshit, and it doesn't add anything of value to the ecosystem.
Throwing money to projects that are not self-sustainable won't make them sustainable. Look at steem monsters, they don't need any donations and the steem price have no effect on their success.
That makes no fucking sense. How do you think Steem Monsters project was funded? Do you think Aggroed Brought in his own money to the table or he used his rewards as author/witness plus Steemit.inc delegation?
Yes, it's cool that Steem Monsters is still working (i don't play it, but i recognize it as a good project), but this point of Steem it should be about projects that add value (Yes, Steem monsters add value, but this is not the point).
Or you think that everything that is "self-sustainable" around here is adding value?
Or how many of these "self-sustainable" projects are being funded by the ninja-mined stake that is still having a big influence on the blockchain?
So, we add value to the system pledging for funds for a theorical "experiment" that you can prove that it won't work just using basic economics, or actually creating projects that bring true value?
RE: The @sbdpotato beneficiary experiment