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RE: Why The Drop In The Price Of STEEM Is A Good Thing
Long term it is the best way to decentralize and move forward but short term it brings challenges as developers and investors will think twice about allocating too much capital to build with the mounting selling pressure. I think they should stop selling Steem and issue a SMT to fund themselves instead.
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At the current rate of sale by our investors, and the way they discuss the inflation like it belongs to them, instead of being theirs to allocated in about 5 years Steem will be a great investment. :) For now, I have no desire to watch the large accounts liquidate my investment funds.