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RE: Advantages on a 4 week Power Down for Steem.
Majority of people use the power down option due to high profit or meeting any emergency situation where they need money. In both cases it gives clear advantage. I hope it will help to bring more investment on this platform.
I couldn't agree more, sure there will always be some people who will need a shorter Power Down to meet emergency needs, but that's not what I am talking about.
I am talking about Projects, Businesses and Investors staking a short term investment to reward those that help develop their Projects and / or Products.
We would only need x100 each purchasing 1 million #Steem to direct rewards to those that bring value to their Projects.
100 million #Steem is circa 30% of the total supply and my gut feeling is it would be very difficult for them to be obtained on the Open Market.
Certainly not at ~$0.20.!!
I think the penny will soon drop that #Steem is 1% a Blogging Tool and 99% an Investment Tool.
Stephen
I wish so. 99% investment will be great for steem to achieve top position in coin market. Let's hope for the best @stephenkendal