Whales will eventually sell and people will pick them up and spread around the upvote wealth. Its going to take some time I admit but were still in beta.
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Whales will eventually sell and people will pick them up and spread around the upvote wealth. Its going to take some time I admit but were still in beta.
Hmm selling SP in the internal market is an idea also, perhaps at a discount on the market price of Steem so they can realise the full time value of money upfront!
The ability to transfer SP is also useful, one might want to donate SP to a new user to motivate them but not SBD which they can immediately take out the system. SP is like shares so you should be allowed to sell them (internally only) or transfer them. I heard you can transfer the SP using the CLi wallet but this functionality needs to be in the GUI wallet for non-devs.
The ability to sell or transfer SP may help boost the price of Steem which is used to acquire SP, if the investor feels less locked-in with regards to SP he may invest more.
For example I might be inclined to purchase more SP with my disposable fiat income if I knew I had the option to sell it incase of say a medical emergency, albeit at a penalty for early disinvestment.