I should have sold out when they were at 16usd, or even 10usd.
Now it looks like I hodl'ed too long.
Maybe we will get lucky and the price will spike again, who knows.
I'm wondering how stinc, et al, thought that sbd could trade one to one with the usd when there are literally a zillion usd and only 7 million sbd. **
That doesn't even remotely make mathematical sense.
I mean, I'm no math genius, but if we hope that sbd is going to replace the dollar, we should probably print enough of them to make being on par realistically possible.
7 million sbd is not near enough, that is barely enough to cover one music festival, let alone the entire world economy.
I propose that sbd be air dropped on sbd holders at 100,000 to one.
The price will certainly drop, if that was to happen, but if we only allow so many to ever be created I don't see that as a problem.
If they did an air drop on coin holders it sure would make a lot of folks happy.
Maybe they should do it once a year for the next 10 years?
Maybe monthly for the next 20 years?
Wouldn't that boil up some turmoil in the market?
You wouldn't be able to touch a sbd for the first little while.
I know I would wait until the inflation break even point where the price starts to come down on the open markets.
Once the inflation was at the break even point, the price would predictably come back to one usd.
Maybe random and unannounced air drops would be the way to go?
**Just for the record, I will stop calling them stinc when they stop favoring the already wealthy, and that includes the HUGE delegations into circle jerks that exist only to rape the reward pool at the expense of actual 'good' content creators.
Have a perfectly peaceful day.
Keep working, stop paying. No war, but the class war!!
How to win in court for far less!!