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RE: Fixing a Problem in the Economics of Steemit

in #steemit8 years ago

It may be true there are insufficient pre existing incentives to hold steem power, but I feel the additional incentive that a 1.5% yearly interest payment on something with a daily volatility of 5%+ has almost no effect on encouraging anyone to hold more steem power. This is almost certainly not worth the now $1m a year or so, which honestly, can probably be better spent in any other way but this