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RE: The importance of having STEEM Bonds. This was highlighted in a recent interview with @Starkerz, @AshleyPeat and @TomasGeorge at Steemfest.

in #steem7 years ago

I like the idea of getting more payout if you are willing to hold your currency on the platform and not withdraw although the idea of trading the bonds and allowing for the market to decide the interest rates confuses and complicates things for many users that may not be as educated in financial trading and such. Trying to keep things simple to an extent will make steemit successful because the more that can use and understand it the more interaction you will get and earn more overall. I would rather get a smaller curation from a lot more people then larger curation from a much smaller pool.

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Thank you for the comment, I appreciate it. I agree that trading the Bonds on the open market to determine the interest payment may confuse those unfamiliar with the mechanics of this and may be something that could be put to one side for those that find this sort of stuff confusing. Simplicity has to be the key to make the idea of "locking out" your #Steem Power for an incentivised reward work. Once again, thanks for the valued contribution. Stephen

Your welcome I think that maybe a reputation score limit or minimum account balance should be in place for those that wish to participate in that.

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