You are viewing a single comment's thread from:
RE: STEEM: HARD FORK 19 - There is now a clear incentive to “lockup” your STEEM POWER. This has the potential to drive the price of STEEM up..!!
I completely agree.
Another compelling reason is also in the fundementals of the Steem creation mechanism and Sbd debt %
For quite a long period in the past, rewards were liquid steem and SP because of SBD debt load. This provided extra selling pressure on the price due to all the liquid steem rewards.
Now, rewards are SP and SBD. No liquid steem and reduced sell pressure. Sbd debt % is basically non-existant so steemit is sustainable.
Things are looking very good right now. Im powering up