<p>Stability of crypto-coin will ease the adaptation process thereby replacing fiat wont be much of a hassle.. Economically, highly volatile currency is unsuitable for commerce.</p>
<p>This is why SBD is pegged to the USD, to reduce price fluctuation as much as possible and also to promote commerce on the steem blockchain.</p>
<p>imagine buying a book at 5 steem($1/steem) today, and after reading, you fell in love with the content, wanting everyone dear to you to read it as well because the book is a life changer, philosophy giver and paradigm shifter.. You decide to get more copy after about three weeks, the price of the book in steem hasn't change but thprice of steem in USD has increased to $2/steem, costing you $5 more.</p>
<p>While this is not the only reason why people are kin to fiat, it is sure sitting atop to the list.</p>