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RE: @pfunk's Witness Post

Can I ask that you, as I would like to see witnesses in general do, briefly describe where you stand socially and politically on a few issues of your own choice.

In my opinion, this gives a better understanding of the more personal motivations that could be driving a witness at some point in time.

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I don't know if most political positions are super relevant for a witness on Steem. Specific important issues like censorship and freedom of speech certainly are though. I have been a free speech supporter since I was probably about 10 years old and able to grasp the concept. I also am against censorship. I think things like the US FCC banning certain words from radio broadcasts and nudity from TV is absurd. Equally absurd is admonishing children for using "bad" words.

Economic issues are also relevant. On Steem, people's token balances and thus stake-based influence should be considered immutable. Dan had an idea once to make it possible to automatically void another's stake with your own, which I thought was a bad idea and would have fought it had it gone any further than idea stage.

Furthermore I think that a recent increase and then decrease of the witness-set SBD APR% variable was a bit of a bait-and-switch, because the APR% went from 10% to 15% in order to increase SBD demand, but was then reduced to 9% in less than a month. This wasn't done with any malice or intention on scamming SBD holders, but I still think it is cause for concern. I participated in this to some extent, and learned from it. For as long as the current system is in place, I don't think I'll ever decrease the APR% more than once in 30 days. I will take opportunities to lobby for a better system that accumulates interest at the current rate throughout a 30 day payment period, rather than paying SBD interest at the current network rate, even if it's less than it was for the other 29 days of the period.

I have much to learn from you

Thank you for answering!

You're welcome, thanks for the question.

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