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RE: STEEM Economic Changes Update (@officialfuzzy's thoughts & concerns)
I agree with the changes. The fact is that no matter what you do you will get criticised. This is a "beta" platform and nothing is written in stone. I don't remember any silly promises being made like "code is law". Iteration makes sense while the platform is small and the general community response has been positive.
Beta level platform does not mean changes to the very foundation of the software's incentivization model at a moments notice. And if it does, be sure the market will price thst uncertainty in (making price go down).
The price was already going down. I don't think it will do any harm. We will see what happens in the long term as none of us know for sure.
Cant disagree, but maybe just maybe the simole offering of a choice for whales to power down % of their sp instead of forcing 100% power down would have helped. Maybe not but maybe there are plenty of other options that could. Why go through surgery when you can try to prevent it?
At smooth my point really is that these things are not even in the interface and we are still looking at foundationally changing everyting when people arent even abke to use and test these strategies. Again its lime wanting to give a patient surgery. You only do it as a last choice. Sure we can cite that it is just an experiment, but to my relatively well-versed self, i have never seen an experiment change the foundations of all its prior assumptions before the experiment comes to a close and you move onto another.
You could always power down a portion of your SP using the CLI wallet. However, its largely pointless, since you might as well just power down the full amount for a shorter period if you want to remove a percentage.