@timcliff wouldn't it make sense to reward 100% SBD when the price is so high? I think it should be a witness parameter so that they can force the price to go down. The price has been way over $1 for days now even weeks so the steem dollar experiment seems to be a failure, something needs to change in the code imo, what's your take?
It is a tough problem. The change you propose is a lot of work, and while it might help, I'm not convinced it will solve the problem. Plus, if we increase the supply by too much then we have the debt limit to worry about.
IMO, the real problem is not that there isn't enough supply, it is that there is not enough circulation. Too many people are buying and holding, instead of selling when the price goes above the peg. I don't know the solution, but that is the problem I think we need to solve.
Oh hi there!
I just went to your comment section to find you to say thanks for your vote on one of my posts today!
Whale votes. They are always appreciated by some of us!!!!