You are viewing a single comment's thread from:

RE: Steem Blockchain Suggestion: Increased Liquidity - For a Price

in #steem8 years ago

I agree that the liquidity is there as a choice, but having more options is beneficial too. Users may want to power up to have more voting power, earn curation rewards, and earn the interest on their SP. Having users make this choice is beneficial to the network, because it reduces the liquid supply of STEEM. If we added the 'enhanced liquidity' options, there would be additional benefit to the network for having users power up.

Sort:  

Yes, I don't disagree. It was more a perception and AH HA moment. I was seeing the liquidity as a barrier as I'd heard people like John McAfee say there was no liquidity. Yet really it has the same liquidity as ANY other crypto unless you decide to power up. That is optional, and people stating it has no liquidity makes it clear that people haven't really considered the distinction that powering up is totally voluntary and optional.

As long as they don't power up then it is just as liquid as any other crypto.

As to your idea about powering down. Like I've said many times... at this point I'm all for experiments. As long as they are controlled. We also have to be willing to say "that didn't work" if it fails and take a step back.