1 Account = 1 Vote will DEVALUE SP holdings at the blink of an eye. There will be no point to holding them. The only thing that matters will be how strong in numbers is your bot swarm.
It will be a crash for economy and crash for tokens. There is no success story in any pure PoS project in crypto.
I also don't understand how that will make it nice to have SP. So 1 new account have as much power as massive SP holders? Doesn't make any sense. This will open up a black market for buying these 1 Account = 1 Vote accounts. Everything has a price
I agree, there will be some way for bad actors to create thousands of accounts
I think the value of the upvote will stay the same, but it will depend on the oracle if you actually get paid out. So it will make a difference if you have a lot SP
And so we have a new class of steemit oligarchy with unlimited power over the economy. The story with no happy ending.
bullshit.
They are likely over-valued at the moment anyhow. So, do you want the crash now, or the crash later?