Commentsjondoe (85)in proposal • 5 days agoRE: Proposal: Development of STEEM Side Chain (STEEM VM) STEEM Layer 2I see. Thank you. Do you think a layer 2 system will actually be used by many projects or developers? Will it need to be marketed?jondoe (85)in proposal • 5 days agoRE: Proposal: Development of STEEM Side Chain (STEEM VM) STEEM Layer 2Very good points here... Interested to hear the answers. It doesn't do us much good to build things if there is a high probability no one is going to use them.jondoe (85)in proposal • 10 days agoRE: Proposal for SBD Liquidity Provision and Market Making (MM) Bot Development for the STEEM EcosystemI would prefer the free market take care of the price and liquidity issues as opposed to creating a system that will require trust (and a cost) to do the same thing. There will be profit potential…jondoe (85)in proposal • 10 days agoRE: Proposal for SBD Liquidity Provision and Market Making (MM) Bot Development for the STEEM EcosystemI think the 100 SBD per day forever, is much too high. I like the idea of stake holders building things to increase the value of their stake. That being said I do think developers should get paid…jondoe (85)in proposal • 10 days agoRE: Proposal for SBD Liquidity Provision and Market Making (MM) Bot Development for the STEEM EcosystemThis is different than an outside contractor coming in doing a job and then leaving. These guys also will benefit from this and would also benefit from an increasing price of steem. Things should…jondoe (85)in cryptocurrency • 2 months agoRE: Steem's two halvings: What does Bitcoin tell us about Steem's future?On a side note comparing to bitcoin - Bitcoin has seen a massive surge in demand over those time periods while simultaneously seeing the rate of inflation reduced. So we have to be careful not to…jondoe (85)in cryptocurrency • 2 months agoRE: Steem's two halvings: What does Bitcoin tell us about Steem's future?Very interesting thoughts here. One thing I would like to point out is that a decreasing rate of new supply doesn't by itself make the the price go up. We still have to have a static or increase in…jondoe (85)in bitcoin • 3 months agoRE: Do we have to wait until the election for the breakout?Things may be starting to heat up here.jondoe (85)in hive-185836 • 4 months agoRE: 🚀 Enhancing Community Engagement and Growth on the Steem Blockchain with AI-Powered Bots! 🤖✨ CommentI feel like there is a bit of a catch 22 here. On the one hand AI comments that look and sound real do absolutely increase activity as real users respond and interact. However, and this is a big…jondoe (85)in bitcoin • 5 months agoRE: Do you remember the Bitcoin Faucets?Yes, that would be nice! Did you ever do any of these? I did a couple of them, only collected a few sats, though those are worth much more now than they were then, plus of course they were free. :)jondoe (85)in bitcoin • 6 months agoRE: U.S. Government moves $2 billion worth of Bitcoin...It makes so much sense for them to do that... which means they probably won't. loljondoe (85)in steem • 6 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOI am not following exactly what you are saying here... If a proposal was created for SBDs that were then sold for USDT (instead of sold for STEEM on the internal market), the end result would be the…jondoe (85)in steem • 6 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOWow that is really interesting. I have been here since 2016 and I never remember SBDs paying an interest rate... Perhaps it was coded but never actually run? I feel like I would have remembered SBDs…jondoe (85)in steem • 6 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOYes good point, though assuming this thing runs for years and years may be a bit presumptive. :) It will be interesting to see how market forces react.jondoe (85)in steem • 6 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOI like the burning idea simple because it benefits everyone in the ecosystem equally. Allocating to projects in almost all cases as been a waste of resources in the past. It takes a special project…jondoe (85)in steem • 6 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOThis is interesting, thank you. I did see that they pay a very high interest rate on HBDs held in savings as well.jondoe (85)in steem • 6 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOThe USD value may go down, but investors are free to do what they want, either buy or sell. However, I don't think us keeping SBDs high simply because some people bought them high is a good reason…jondoe (85)in steem • 6 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOYes, roughly 2,400 new SBDs flow into the DAO daily. We won't start eating into that 4.6 million SBDs until we start burning more than are created each day. As you alluded to we need to do…jondoe (85)in steem • 6 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOThere is already a group providing liquidity on the internal market and they have assured that 2,400 SBD sold per day would be no problem at all.jondoe (85)in steem • 6 months agoRE: Thoughts on a Proposal to Buy and Burn STEEM using the DAOHow would we pay interest without a hard fork? Wouldn't this adjust the inflation rate, or at least redirect it?
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RE: Proposal: Development of STEEM Side Chain (STEEM VM) STEEM Layer 2
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