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RE: PROPOSAL: Resolving the stalemate with TRON/Steemit Inc. - A concrete way of moving forward
This idea sounds interesting but has one problem, it takes the stake and gives it back to JS/Tron in SBD or Steem again in the course of 3 years. So basically after 3 years JS/Tron is again one of the largest stakeholders of SBD and/or Steem. Besides why would he agree to such a plan to freeze his stake up for 3 years from his perspective?
Yes, after 3 years (or however much - the period is negotiable) he may still be one of the largest stakeholders, but this would require that he holds all the daily received payments over that time rather than sell. I think this is quite different from buying in one go OTC. But, perhaps more importantly, it gives the community more time to improve the governance mechanism so as to better ensure decentralization.
I think from his perspective, even if he has 70M liquid STEEM right now, he can't sell it all without crushing the price. It will have to be a gradual sell over a long period of time. How much STEEM can you sell per year? 20M? 30M? I guess Steemit Inc. were able to sell 800k a month which is like 10M a year and it probably influenced the price negatively.
What do you think?
Don't see any reason why JS would agree to such a freeze up though ;)
Well, maybe he wouldn't mind that much if it's paid over a shorter period of time, maybe 1 year or something like that.
In 3 years, a lot more steem will be circulating so Steemit inc's circulating supply will be a smaller portion of the available supply.