RE: My proposal: reduce the withdraw channel from 104 weeks to 104 days or even 104 hours to make steemit less like a ponzi scheme

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My proposal: reduce the withdraw channel from 104 weeks to 104 days or even 104 hours to make steemit less like a ponzi scheme

in steemit •  8 years ago 

"The 104-day power down timeline is necessary for currency stability, according to the whitepaper. If you eliminate that, then the Steem likely free-falls."

Have you seen the chart ? This is forced manipulation. Without the 104day powerdown there would have been a smaller "pump" and therefore a more stable currency.

steemit
8 years ago by

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