Steem Dollars has for a short while dropped below $1 and many discussions have been stirred as to why doesn't Steemit.com re-introduce the functionality which was removed from their front-end back when SBD was around $7, I think. Any way, much higher than $1.
I admit I was in favor of it, now I am a bit reluctant. When some experienced steemians say the SBD convert function is for advanced users, and average users should use the internal market or exchanges instead, there is a good reason for that. You will see what I mean from the pros and cons below.
First of all, if you don't know, what is this SBD convert function?
The SBD convert function is a Steem blockchain function which converts 1 SBD for 1$ worth of Steem. That's the short version. But we will expand on this below.
You may be surprised, but here's what I found as pros and cons of using the SBD convert function:
What do you think? Should this function be re-introduced for the whole mass of users, on the Steemit interface? And if yes, under what conditions?
If yes, I'm inclined to make it a disabled option when the conversion is not profitable, and enabled when it is profitable. There's still the issue of being a delayed action for 3.5 days, which may not be very user-friendly for the average user.
If no, and I'd rather go with this one, how do you explain this decision in a way that an average person who thinks he's being deprived of an option to make profit can accept?