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RE: Takeback by Buyback?

in OCD6 years ago (edited)

I think letting the markets handle it is a fine idea.

However, to be fair neither you or I are living off of Steem, so I'm not sure it would fly with others.

Edited to add, I'm not being snarky about people living on Steem. Those who are running businesses, witnesses, etc, have hard costs that matter. It goes beyond idealism at this point.

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Living off Steem is a hard road to take (imo, as you know)

We talk about having freemarkets, but while that stake is there, it will always be a burden. Forking it out is likely illegal or at the very least, unethical for the majority of Steemians. Let it ride, where the losses and then a new floor can be created through a (more) free market. I think if timed well, the recovery time might be pretty decent.

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I have no issue with that as a solution.

I am open to many solutions as long as they do not include voiding/deleting/burning/forking someone's asset.

as long as they do not include voiding/deleting/burning/forking someone's asset.

I agree. Not on Steem. A chain fork can do what they want... but not on Steem.



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