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RE: Understanding Silent Risks and Uncertainty (A Non-Technical Essay For Speculators)
Thanks for the download @kevinwong! I don't think all of the folks in Power Down currently intend on cashing out forever. I would guess in this environment we find ourselves in a portion of those in power down are trying to grow and multiply their Steem outside of the platform and we'll see a wave of reinvestment if all goes their way, amounting to a pod of new whales. I'm very optimistic about the future of this platform and feel the hardfork was a kind of cleansing to allow the non-believers the opportunity to leave and the believers to double-down.
Yup could be that too. It's a smart move anyway that I did not catch on since I'm a little FOMO (fear of missing out) on the exponential uptake if it happens haha, so I've yet to power down at all or even cash out that much.. let's hope for the best :)
Enjoy the read! It's better to get the entire collection (the free mathematical companion is kinda convoluted and doesn't really make for an interesting read!) You can find it here: https://www.amazon.com/Incerto-4-Book-Bundle-Randomness-Antifragile-ebook/dp/B00K5190LE
Thanks for the additional link! I wouldn't worry too much (re: FOMO), I think anyone holding Steem and invested in the platform is in a good position in the long run. I think we're all going to be pleasantly surprised. Happy Holidays to you, man!