RE: Steem Economic Changes Update

100% agree with this. However, I am inclined to say that providing various "steempower levels" might for powering up and down might be a very helpful way to let people choose their own risk profile for having their funds locked away. Little changes during beta (especially when only adding options) are ok. Huge economic changes (as @tracemayer says above)---please no. It will definitely cause more uncertainty and only frustrate people who have already bought and powered up steem under a perceived contract.

So why not instead allow Bob to choose between 3 plans for "powering up"?

Plan 1 -- 3 month powerdown, 11% voting power and dilution protection
Plan 2 -- 1 year powerdown, 44% voting power and dilution protection
Plan 3 -- 2 year powerdown, 88% voting power and dilution protection

Give plan number 3 the extra benefit of letting them power down at a % as opposed to the binary choice Plans 1 and 2 get.

In this way, you let the market decide which steempower realm it wants to be in. I guarantee there are many people out there who would hold some steempower with Plan 1 if they need to be able to have access to the money at some point in time in the future. Or Plan 2 could be interesting to some who are a bit more interested in making this more of a way of life.

Then as a user I can choose (as opposed to having this stuck on me without a choice).

The price declining with STEEM is the fair way to let this settle itself. If whales sell to the point that steem is driven to $.001 you will just see more whales who power up. But let me ask you... but if they are secretly building amazing things with their powering down, might they drive the demand up without decreasing price? ;)

Some whales are doing precisely that with the help of friends.

P.S. Please dan do not do this. It has nothing to do with your idea not being good as much as it has with the idea coming after I have seen some pretty big buying and powering up spikes from people coming in. Changing the contract causes too many problems. Just add options. Don't take them away.