Hello Steemians, howdy?
I remember in December when our SBD shot through the roofs. It gave all of us immense joy and freedom to see the currency that we used/earned everyday increase in value to multiple times beyond its original worth.😎😎
Steemit was likened to a busy market square on those days. Everyone wanted to trade. Buying and selling was so intense. Posts, comments, upvotes, high salaries, and good payouts.
At that moment, you could literally say that Steem was the goto platform for blogging. Everyone earned something for their time and efforts.
It even spiked our Alexa rankings and Google search activities. When the community is happy the network is happy. When the network is happy then mainstream adoption is nearby.
So in view of all these positives, would you guys desire another SBD hike? So many people don't seem to notice when Steem is pumping . But whenever SBD spikes, it brings a much more positive stream of response.
Given that there are the opposing side of the game. Some people believe that Sbd should be a fixed asset pegged at $1 . They feel it aligns with the blockchain's goals much more closely.
The original whitepaper used Sbd as a form of inflation control on the network. However, when the peg broke it was obvious that our blockchain was super adaptive. At some point we were even paid in liquid steem just to buffer Sbd excess and create scarcity.