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RE: Just some random November thoughts...

in #steem2 years ago

Whatever decision will be taken to affect the power down period, its implications need to be thoroughly considered. We are not in the first year of Steem anymore to experiment without much thought about consequences, and SMTs are almost here. Community keeps saying focus should be on more adoption, and that will probably be the case. More mainstream people going in, a (more) responsible platform we need, especially regarding funds. Security for mainstream users is paramount.

On the other hand, if a new (big) investor looks at crypto as a whole and sees many top coins fully liquid and some not as liquid, but considers the whole crypto (which is not so big) as an asset class, the investor will choose the liquid investment in most cases, since he/she already takes a risk by investing in crypto. Just trying to get into their heads here.

I haven't made my mind about the proposal either yet, not that my vote will shift the balance either way.

Great (positive) post!

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Thanks for your thoughts!

On the other hand, if a new (big) investor looks at crypto as a whole and sees many top coins fully liquid and some not as liquid, but considers the whole crypto (which is not so big) as an asset class, the investor will choose the liquid investment in most cases, since he/she already takes a risk by investing in crypto.

If it's a smart investor, he will know that Steem is way more than just a simple liquid coin and that he can earn quite well simply by staking, delegating to great curation projects or by starting his own services. There are many features we have in here, which need to be way better communicated to the 'outer world'.

Steem offers so many nice possibilities that it can't be ignored for much longer anymore. I think that reducing Steem's inflation (by adding more automated burns or moving at least the post reward pool into separate SMTs) will have a major impact on getting the attention of really huge investors.

I think that reducing Steem's inflation (by adding more automated burns or moving at least the post reward pool into separate SMTs) will have a major impact on getting the attention of really huge investors.

That is what I'm hoping for as well. Maybe not huge investors, big would be enough, if we think at the whole world and investors out there. :)

Some savvy investors get a large stake in undervalued projects, if they consider they show great potential for the future, even if the stake is not liquid at first. But we need to outgrow much more our inflation rate to draw their attention.