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RE: Saving SBD - Proposal to Restore the $1 USD / $1 SBD Peg

in #sbd7 years ago

Converting USD to SBD is the similar vein as converting USD to EURO. The key is they are in different economic systems. Steemians living in U.S are like having dual citizenship, and shops too. Cryptocurrencies and fiat currencies can juxtapose and customers can choose any of them. I don't think US people will convert USD to SBD to buy good from US shops. They can use USD, no conversion fee, and efforts. While, Steemians still can buy some with SBD if they want. But in most cases I think they use earned SBD.