We can change the price of SIM in USD value and the situation is not that bad as HIVE appreciated a lot in the past month.
Very good observation. I didn't take that into account.
Also the last two presidents imposed very high taxes, which are counterproductive!
Exactly.
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I know, we want to get out of the fiat system, but we need to have a real world comparison. We could peg SIM to gold value for example to see how it performed. :)
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I get the income tax is coded by gerber to be pegged to hive. But here we are in a case where this peg doesn't work. What would happen if Hive would skyrocket to $1 and maybe above in a short while with this pegging mechanism? How much would become the income tax trying to compensate?
Anyway, I'd prefer a better approach, but until we have it, maybe it wouldn't be such a bad idea that the coded pegging mechanism could be turned off at times to prevent anomalies. Or have a hard cap.
And one idea for @leofinance. Wouldn't it be great if we would be able to have comparative charts in USD, BTC, LEO(?) and maybe gold since you mentioned it? Maybe then people won't get worried if they see stability compared to USD or BTC, for instance.
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