RE: Witness Update and Call to Action - Feb 13th, 2018

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Witness Update and Call to Action - Feb 13th, 2018

in witness-category •  7 years ago  (edited)

Well to keep things simple, I believe that printing even more SBD could actually be harmful to the community in the long term and I prefer not to manipulate the market price in this way. In the short term, the broken peg keeps incentive to stay within the community with virtually increased rewards. There are pros and cons to both sides. It's a big controversial topic and there are many links to read up on and various proposals for handling it.

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I'm sure there are many fine reasons to keep your bias at zero. However, while the SBD is so far above a dollar I will reserve my votes for those who are seeking to correct it.