I support the 4 week power down proposal and voted for it as well. To me this is a no brainer given the price and marketcap development of Steem in the last 24 month. No serious investor wants to lock their investment for 3 month! One month is already long but much better than what we currently have.

I am very surprised of the comments made by a few of the top witnesses here and wonder if they have any sense of economics?

• A shorter lockdown period means potentially more large investors are willing to power up rather than dump Steem on exchanges.
• More locked up Steem will reduce supply and therefore increases the price per Steem.
• A higher Steem price attracts new users and investors to join Steem and Steemit.