Dan has a point about honoring property rights. If we don't honor property rights then what exactly is the stance that Steemit developers have on participant rights protection?

Does the Steemit team honor the property rights of participants? For example if someone has Steem Power but they don't want to convert to the new economics well it appears they have no choice in the matter. They are arbitrary switched to the new smart contract which has new economics. What if they want to be locked in for 2 years and don't want to be able to drain the account in 3 months?

I can think of many security benefits for why someone would want a slow drip over years when it's a significant amount and not the ability to wipe out an account in 3 months. Fuzzy mentions giving people the choice and I think that is a choice some of us would want to have but now it appears there is no way to have that choice.

Here is the deal, Steemit Inc needs to outline a bill of rights, a manifesto, or something so that there is some predictability for these sorts of changes. If there is some set of rules for when the economics can be changed and only when it meets certain criteria then the community can accept it. It's hard to accept it when it looks completely arbitrary or when it's done merely because one group of people feel like it and voted to do it over the interest of the minority group.