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RE: Wish to see 1 STEEM for 100 USD and rising? - JOIN #STEEM-2-100 Initiative! Upvote to Fix Value Degradation!
So you actually propose to scum new investors and early adopters to become filthy rich out of nothing.. not bad :)
Not sure how your comment was meant. However with this proposal I only care that investors could really invest again, holder can really hold and users can really use STEEM and platform can benefit. If STEEM users (existing and new) will become filthy rich after the change, I have really no problem with that. Right now and with current settings all these activities are terribly harmed and no-one reasonable will participate beyond very limited exposure. Fore more details feel free to read FAQ.
I can see what your intentions are. I won't disagree on an inflation reduce but not just instantly cut from 10% to 1%.. That would create chaos.. Maybe also not but right now steemit is here, is a product (beta). You can't just add value to a product and then expect to get the quality of the value you set... I hope you are getting what I mean.. This is social media, we have to make this place cozy and fun to be around.. Of course we are free to talk about prices and stuff but I believe more changes have to come on the user interaction, reward & voting system and site layout.. Making the whales billionaires and dolphins millionaires it's just that...
Not trying to be offended but I guess you can get the same price if steemit user base grow and content multiply... rewards will drop, price will go up...
What kind of chaos it can create? Now Steem is like a ship under construction with huge hole inside and water is flowing into that ship . We need stable environment for times of building (yes we are still in beta phase) and huge inflation is worse in general and especially bad for this phase. I'm also always surprised with worries of some users that people can become rich. I hold only about 7k but I had no problem if big holders will be rich by my proposal. If they know their investment is secured and not constantly eaten, they will keep it and sell less, price will benefit and everyone else as well. Don't we all want to see Steem successful and benefit from it? I agree we need to improve it to make it great but why to undermine so important investment for development by huge inflation? Changes and improvements are expected but unless there is something really revolutionary price must decline just because current huge inflation. This proposal will set price on the right track. As I said before FAQ explains this even more.