Increasing the consensus witness number beyond 20 has seemed like a necessity for a long time, that or lowering the total number of votes per account. Neither of which seem to come up...
While we are on the subject, I actually think the inflation is too high as well, though his suggestion of making all pools equal is pretty offensive. Everyone takes a cut in absolute terms, but in percentage of the pool terms, it's the reward pool/investors that really bear the brunt. Don't even get me started on the DAO...
The price will spike way higher during the bull run if inflation is high. Bigger upvotes create crazy FOMO and overbuying. Less inflation, less volatility. Good during the bear market but bad during the bull market.
Regardless, it's a mistake to think that less inflation equals a higher market cap. The cap is dependent on a multitude of other factors. Personally I think correctly allocated high inflation will lead to a much higher cap than not, but that's obviously very arguable.
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Can we get the 20 hive poor tax taken off small votes?
The dao has plenty of funds, iyam.
Yep, that was a terrible idea from day one. You work too hard at preventing abuse and you turn new users away.
I think the main idea was to increase the take at the top by stopping the take at the bottom.
Greedy bastards, lied to us about it, too.
Iyam.
Still can't get that stinc out of the air, not all the foulness has left.
Too many me's, and not enough us's.
It wasn't stinc that pushed that change through...
Was it the people that did follow stinc suggestions?