Dear @sameernawab

Thank you for sharing your opinion. Even if we're having different view on some of those points. I appreciate your time.

It will increase hodlers on steem and surely impact on steem price.

I agree on this one. PRICE of steem will surely increase. But PRICE of steem is not what create value of this blockchain. Authors and content creators are.

Proposed system can only work if so called Whales would actually start delegating their Steem Power to quality curators. That would indeed allow those curators to be rewarded for their work and benefit entire platoform.

I'm simply afraid, that this will not happen. That at the end most whales will continue auto-upvoting publications of very few people, with their powerful votes and without putting any effort they will start earning x2 more than they did so far.

It surely would encourage them to slow down with powering down, which in effect would most likely bring up the price of STEEM. But that is the only positive outcome. And what would happen year from now, when those "whales" would start dumping this easily earned STEEM?

I wonder if you would agree with me on this one.

Yours
Piotr