imagine how far would it go if witnesses told we believe in what we are doing and believe that this will get steem price up and we will give up 1% for it, because when steem goes to 10$ we will be happy with 2000$ a day.
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While I don’t agree with everything the top witnesses do and their lack of communication, I will say that two or three hardforks ago they cut their own witness pay by 80%.. so maybe something to remember when we think that not cutting “witness rewards” in this one is unfair. Just something to consider.
Noted and reasonable as always...
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witnesses were getting 1300 steem a day?
don't you think 1% would not be a gesture to show that they believe that what they do will bring results? becuse one of the talks is small accounts will be in better place, price will go up.
maybe i am wrong, but i live in a country where politicians cut pensions for 10% because we bankruptcy and then few months later voted to get parliament payment go up, so...
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There are pros and cons to the argument and while I think it might be a decent move now, later it might not be so great. Remember that eventually the pool will be about 6 million a year instead of 26,000,000 like it is now and that 10%ish might be an important component to make sure there are witnesses. I do think blocks should be spread further through the top, but keep the consensus with the lion's share of it still.
let's be real, if in 17 years steem is still at 0.4$ no one will be making blocks and no one will be here :D
exactly.