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RE: Shared Bootstrapping Tool - How SteemPower Will Influence SMTs
@cryptoctopus,
Option 3 made a highlight! "No Shared Influence On SteemPower Holders"
Yeah you got correct points there! And personally I think SMT is a "Fresh Bloods" platforms! And by using this SMT concept ned also tried to bring STEEM to the future not to the present or past! So, I think this is a new era and we want to bring fresh funds in it!
But I can't disagree with your "cons" too! Due to this option, Whales will power down and it might again impact on STEEM and STEEMIT community as well!
Whatever it happens, I think SMT will lead STEEM to the moon! Sometimes STEEM might take the 2nd biggest market cap in future! Who knows...!
Cheers~
If they powerdown to buy the tokens, STEEM will be locked into the SMTs(via automated market maker)...which reduce the supply of STEEM and increases the price.
@cryptoctopus,
Oh I didn't get it at that time... Yeah you are correct low supply high demand will increase the STEEM price also! Such a big fool I am :D
Cheers~