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RE: Fixing a Problem in the Economics of Steemit

in #steemit • 8 years ago

It may be true that there should be more, rather than less incentive to hold SP overall, I happen to agree with that

I just think this particular feature of SP (1.5% a year on something that has an average daily volatility of 5%+) in practice is a negligible incentive at a pretty expensive cost.

8 years ago in #steemit by
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     8 years ago  

    Yes I do agree with you also.

    Now if we remove this however what incentive is there to hold SP. Especially for an investor type person.

    I guess if we can give our voting power to other accounts and partake in the voting and curation rewards that may be a reason to hold SP.

    I do think there should be a financial reason to hold SP.

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