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RE: VOTE FOR the 4 week powerdown time reduction proposal.

in #proposal4 years ago (edited)

Do the speculative shiba-inu safemoon buying pump and dump owners provide us with more benefit than long term harm?

Short term speculators provide MASSIVE long term value for us. It is speculators speculating on exchanges that the Hive price in most part depends on. I mean ask @smooth how much value short term speculators provided to the DHF by doubling the daily budget.
Long term investors accumulate. Short term speculators provide us a payout.

Will these types ever truly be fully happy with anything other than immediate or less than a week staking?

I dont care honestly. The question is if us, the long term investors will be happy with it.

A large quantity of owners diversifying the ownership of the hive tokens provides the benefit of decentralization... which should lead to 1. decentralized price impact but also 2. decentralized governance.

Yeah, i can agree with that.

They need 30 days to be a part in governance. But a powerdown which is shorter than the actual time it takes to have governance impact?

Lets make it a day longer.

Also I'm wondering who you're trying to throw under the bus when you say: "current disorganization of the Hive "core team"."

No one. There actually is no formalized core team which is a problem. There is a dissipation of responsibility which is why there actually isnt anyone you can throw under the bus.
The truth is that you NEED to be able to throw someone under the bus for a organization to function efficiently.
Does Peakd have someone to throw under the bus? Splinterlands? Ofc they do. Because it has a organizational structure where you know whos supposed to do what. Hive, the base chain doesnt have that right now.

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Appreciate sharing your thoughts on the questions.