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RE: Incentives for Burning Hive | (PHP) Permanent Hive Power?!

in LeoFinance4 years ago

Also, why do you believe it would incentivize a user to sell an account that holds permanent value?

My original thought was that it would more likely incentivize one to keep the account, and use it more, because you have a permanent stake. I do think if there were a way to destroy the burn address so that if an account were sold, that it would not provide incentive to sell the account, but to double down on retaining and using it because the only way to get the value back out of it is by use since you cannot liquidate. Because even current Hive Power can be powered down and liquidated.

If I didn't have that option to liquidate, I feel like it would incentivize me to work through the problems on Hive and really try to add value to the space so that I can continue reaping the rewards of PHP.

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I was thinking about people who decided to leave HIVE.

When people leave right now, they power down their account. This take at least 13 weeks.

If someone had a substantial amount of Permanent HIVE POWER. They would look to find a way to sell their account.

BTW: I decided to start a thread asking people their opinion about being able to sell accounts

I saw that and replied as well.

Thank you, I realized that this thread was distracting from your ideas on Permanent Hive Power.