You are viewing a single comment's thread from:

RE: Steemit from the investment side - thoughts and general musing.

in #steemit8 years ago

They were supposed to be pegging the sbd though, I agree in letting steem float, though for investment purposes if the sbd was pegged, you are guaranteeing a safe return on at least one part of steemit.

Sort:  

The peg was only on the downside. There never was an upside ped.

An even money exchange isn't giving any sort of ROI, that is $10,000 in will always be $10,000 out with a pegged SBD. So unless there is a built in inflation factor nobody would even consider investing in SBD.