I worry that without SBD 3/ will be may be impacted when trying to convince merchants to price and sell goods in an unfamiliar currency. In some ways SBD is a simplification for these users and I wonder if it will become more difficult to onboard merchants if they have the additional worry of price fluctuations. That being said SBD does not come for free and it is hard to predict if the adoption benefits outweigh the systemic costs and risks.
RE: Ned on SBD: "Does the community want to continue to be paid out in Steem Dollars?"
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Ned on SBD: "Does the community want to continue to be paid out in Steem Dollars?"
This is exactly right. And I think this is one of the advantages that STEEM/SBDs have over BTC as a crypto that can actually be used as a currency instead of just a buy-and-hold investment strategy.
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You can buy almost anything on openbazaar with steem.
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