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RE: Reversing the power-down-delay to a power-up-delay.

in #steemit7 years ago

Which would be wonderful for people who want to get into the platform. The price drop would be temporary.

We want the price to reflect actual demand for the token. If the price is being artificially propped up by the power-down delay, we need to fix it.

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Of course we should make it artificially harder to get out of the system. That will force people to think more about their investment.

In the very first video I saw about STEEM, the guy noticed the power-down delay after he powered-up. That was a very tiny stake. But people don't necessarily think before they invest.

This idea would completely eliminate the "it's a ponzi" objection, which is a nice benefit.