I support these reforms. Until there is more demand for Steem, I think it's necessary to make this change on the supply side. Regarding the reduction of the power down period, it could create some short term selling, but if there is more interest from short term investors who can bring in additional liquidity, then it's the right trade-off to make.
Once things stabilize a bit, we really need to work on increasing the use and demand for Steem, making it very simple for third parties to adopt and use.
:Hold on. Only 30 people really have any. So, you're basically building a tool for 30 people to trade their shit between each other. There is an elephant in the room here with the oligarchs of steem vs the 99.9% that don't have any steem. Until the price drops low enough to grab enough investors to spread out the distribution then there won't be people using those other platforms.
Steemit should start looking for partnership too, that's how a business become legitimate to the eye of investors.
They could integrate login with trezor or ledger, they could use shapeshift API, they could integrate with stripe ,etc..
I totally second this.
Once things start stabilizing we should work on increasing the use and demand of steem.