I’m skeptical about this change because it could potentially lead to new unforeseen issues or abuse, but I’m skeptical of all changes and we do need some changes.
If the benefit to such a change were bigger, maybe I’d be more optimistic, but diminishing value of votes felt more natural to me, a runner in a 100 meter race can’t run that speed forever.
But I mean let’s see! Less inflation feels like it might be needed right now considering how hard it’s been to grow, although what would be even better is finding more ways to offset inflation with buying pressure.
I’m not sure how to do this, I’d love if all our behaviors created buying pressure on the hive token similar to what Leo has experimented with (preferably less aggressive in its approach for a smoother experience) but a front end can do things that a larger proof of brain protocol can’t do with regards to how it operates. Fee-less transactions is a pillar of hive and I’m not sure how "Hive" as a protocol or community could create a product that led to buying pressure on the token. I guess project on Hive would have to take on the role of creating the product and finding a realistic way to benefit from putting continual buy pressure on hive….
Make the token pay more. Raise inflation.
Me too.