A way to adjust the SBD rate quicker and drive the steemprice up which is beneficial to all.

in steem •  7 years ago 

For some time now, the SBD has been worth more than one dollar. As of now, it even stands at over 10$.

Those of us who are aware of how the system works choose to be paid out 50/50, and sell our SBD in the marketplace, thereby gaining a lot more steem than we would if we woule be choosing 100% power up.

But still, the value of SBD's is not decreasing towards it's target value of 1$.

There are currenly over 3,800,000 SBD out there, and the fact that they are valued at over 10$ means that there is a much larger demand than supply.

It would in such cases be beneficial if there was a possibility to choose a payout entirely in SBD's.

This should be an option which is only available when SBD's are grossly overvalued.

This 100% SBD payout would increase the supply of SBD faster, while at the same time decreasing the growth rate of the supply of steem, AND increasing the demand for steem, thereby driving up the steem price, which in the end is beneficial to all people on this platform.

100% SBD payouts: I'm for, what's your opinion

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Interesting idea...I like it. Maybe it’ll make its way to a developer.