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RE: Proposed Changes to Steem Economy

in #steem8 years ago

I like the proposed changes regarding the witnesses. I have some issues with this:

Reducing the Steem Power holding period to a minimum of three months.

although I may just be mistaking the details. I have a few reasons to think this is a risky proposal. However, after some consideration there is a way of doing this that I would see as far less risky.

You use the word "minimum" holding period. I don't know if you used that word intentionally but I hope that you said it because stakeholders will have the option to somehow power-up or "buy in" by 3 month/ 6 month/ 12 / 18 / 24 month contracts... Along with this we could have incentives for locking in more long term. i.e. interest ... Or another longterm token, or just something that values long term investors more than short term.

PS see you at steemfest weeeeeeeeeee