Well, it's either this or burning Steem from Steemit account. Synereo and other decentralized platforms are damned clear on their priorities of being decentralized. Decentralized platforms will outstrip centralized ones. This is just a future reality trend. Addressing this now would be the smart thing to do. Waiting would be foolish.
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Yeah, a burn seems like a smarter approach than redistribution. The former would be objective and hopefully push the value of Steem up. The latter is too subjective. It would really suck being number 1001 when two more upvotes would have pushed to 1000. :)
Yes, true, perhaps a burn is the best way. This is a good discussion, to see many different viewpoints.
That's an interesting idea. Burning that much would certainly strike a blow against inflation...
The thing is, another platform has already done it. It's not even a theoretical idea.
So what are the other Steemit-like platforms around? Synereo...any others?