You are viewing a single comment's thread from:

RE: I Called John McAfee & He Won't Join Steemit Because Of This Flaw...

in #steemit8 years ago

The liquidity I don't see as an issue. I am no professional by any means on the matter. In my view though it is about reward of content and less a short term investment. Someone who can provoke and inspire. They can pull money out of this site fairly easily. The only reason to use it as an investment tool (powering up) is more to have weight on the issues being discussed, and for a user with some pre-existing notoriety there isn't really a need to do that. He would just need to understand that half the amount he shows from his contributions is locked up for a period, and as a result it is in his future interest to continue to do well. It's not the type of system we are used to seeing for sure, but it is pretty beautiful in it's own way

Sort:  

Yes, it is definitely a new paradigm.

It looks dicey only if you try to fit it into the older paradigms.

IIUC, he was talking about the liquidity in terms of potentially purchasing someones assets who had a whole bunch of steem power.