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RE: The Steem Dream May 2nd
I don't see how it is bad for the system, Less in circulation drives up price. Creates more demand for people who want to power it up. I guess the bad thing about just powering it up and not selling it, is there will be none available for the public to by and without a market the price is non-existent.
I think it could potentially be bad because those who got in early have massive amounts of SP which could be bad, as well as completely throwing away the pegging idea. I think there's positives to both sides, but I think ultimately we want Steemit to grow