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RE: BTC below 70k

in #btc12 hours ago

That's why I always say the witnesses have to be proactive and do better for the chain. They're selected to make decisions for the sake of the chain, but I don't see much coming from them, and it's sad

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Not saying i am skilled to judge their work - HBD was back to peg, then down, the up again so seems sth happening - re general witness work oh well - i think the chain could benefit from more power of other users with ideas that do not get their ususal witness or proposal earnings. Maybe now a chance to get rid of shit and reset, make marketing better, get cool investor by cool real relevant use cases.

I agree with you. I think there are users who don't want the witnesses earning, and are innovative enough to have great ideas to benefit the chain. The problem is that the chain doesn't have a process to spot these people, recognize them and empower them to bring the change we need. Also the witness position never changes too much, so probably that's why.

Not saying a bad thing but it is the nature of DPoS system plus other past things based on Steemit stakes :-)