Thanks for the post in support of the initiative!

@blocktrades @sepracore thanks for alerting me to that, I don't think I noticed that comment before. Will do so soon.

I agree to this proposal, best simplest way to tackle reverse conversions without too much dev effort.

if you look at the latest post we have already converted 20K SBD and this figure grows exponentially every day.

No nothing is dead, we are still working on Dlease and Ginabot, the low Steem price doesn't give us much to work with to pay developers for upgrades so new features are slower than we would hope, all services

@captainklaus @drutter @xpilar I will reply to you all in one message, so @sbdpotato has two sources of funding, the post rewards and the sps proposal, it only just recently went into funded status. The

Have already reduced the post frequency and capped to $25 so votes will realise soon and adjust accordingly, so will be off the main part of trending mostly.

Hey @cardboard I sent 250 STEEM from @megadrive for a swap but didn't get SBD back, can you look into it

check my accounts I have about 1000 sbd in total, in any event the intention to fix the peg has been made very clear by this project so anyone who believes it will appreciate back to $1 can go ahead and

Check the announce post Even though the proposal is funded there are many stakeholders that wish to accelerate fixing the peg with daily post rewards in addition to the SPS funding, however we need to

SBD can't be removed anytime soon as it is too ingrained into the blockchain code and this next HF has to focus on SMT's and can't afford to have complexities of any other changes. Another HF after that

yeah that would be cool, communities should solve that, check out

my beard is down to my ankles

Agree, steempeak is epic

That is super funny, voting for humour value but @justineh is right giving away money doesn't help the economy.

I totally agree with you, I have proposed a code iteration to make this all happen at blockchain level, but this next HF is only for SMT's and no room for added complexity, so we are at least a year away

People smarter than me such as smooth and stoodkev (who coded the cap on the autoposts) also didn't think it would land up on trending, it's an honest mistake to make, no name calling necessary.

Have a look at smooth’s comment on his post, smooth is an early adopter of Steem and co-founder of Monero, don’t u think smooth will have a better idea of what will and will not work? That post just bedazzles

It must have taken a long time to write this, give you an A for effort but @smooth already answered that most of it doesn't make sense. Firstly you state the debt ratio is 10.x percent, it actually is

by converting and using the converted steem to buy more SBD and keep cycling you can do that every 3.5 days or 104 times a year, whereas burn is just once off.