Will it follow the US dollar to zero or will it break away and find some other form of stability?
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steem could peg to Bitcoin.
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I think it will, once Bitcoin is stable. Right now, it's still in its infancy.
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Long term, it will collapse too, following the US dollar. But there will be a lag.
But realistically, they'll probably change the model. The Steemit system is very flexible that way.
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I think that it will be possible to shift the peg to something else. I have asked Dan if he had backup plans in case of an economic collapse and he answered "yes".
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