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RE: Takeback by Buyback?

in OCD5 years ago (edited)

I think letting the markets handle it is a fine idea.

However, to be fair neither you or I are living off of Steem, so I'm not sure it would fly with others.

Edited to add, I'm not being snarky about people living on Steem. Those who are running businesses, witnesses, etc, have hard costs that matter. It goes beyond idealism at this point.

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Living off Steem is a hard road to take (imo, as you know)

We talk about having freemarkets, but while that stake is there, it will always be a burden. Forking it out is likely illegal or at the very least, unethical for the majority of Steemians. Let it ride, where the losses and then a new floor can be created through a (more) free market. I think if timed well, the recovery time might be pretty decent.

!ENGAGE 25

I have no issue with that as a solution.

I am open to many solutions as long as they do not include voiding/deleting/burning/forking someone's asset.

as long as they do not include voiding/deleting/burning/forking someone's asset.

I agree. Not on Steem. A chain fork can do what they want... but not on Steem.

Thankfully it's not up to you stake-less morons.

As much as I would prefer that stake gone, I don't think it would be great for Steem publicity to burn someone's property. If it had been Ned still holding, I would have been okay with it as he knew it wasn't his property. Perhaps the community would recover though, as it might be good for price as it would lower supply 25%. But as you noted, price doesn't help the stake-less morons. :/



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