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RE: Powering Down?

in #funny6 years ago

Powering down is something that will be very very hard for me to do. Either the price of Steem is too cheap in which it's lunacy or the price of Steem is rising and so compound interest from delegating SP. SMTs make it even harder to sell.

All in all the only reason Steem is so cheap right now is it's still extremely difficult to buy it. It's not on Coinbase, no bank allows buying it with fiat, and most people don't know enough about the 10+% interest they can get.

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i really think we need to move to 50% curation, modest superlinear, and slightly higher downvote incentives

right now our economic system is failing to the point where if you're not completely vote selling or self voting, you're losing out, as 50-70% of all active steem power is anyway

except any progress here seems very slow

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