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RE: Putting on the Thinking Cap
we obviously need a stronger middle class to fix this problem... if we just have dust accounts interacting its pretty hard to imagine it going anywhere.
we obviously need a stronger middle class to fix this problem... if we just have dust accounts interacting its pretty hard to imagine it going anywhere.
Which would involve some investment, or being extremely lucky. Or gaming the system (account creation exploits, pow mining a ton, etc).
When your own posts can be threatened at the end of the voting window and you can't do anything about it (this changes in hf20 I believe). That seems like taking the risk of working hard and then getting nothing.
If you want to volunteer and are happy to work for free then I wonder why have stake in the first place? which goes back around to the problem of not enough middle-class.
Combine that with the fud around crypto and people not wanting to take a risk in hodling a bag, it's not surprising most coin out and never reach that vaunted 'dolphin' status.
Round and round we go, on that crypto merrygoround!
Thanks for the reply!
Edit.. : Perhaps in this utopia you envisage we could adjust the ability to increase stake with capital to be similar to the powerdown system currently in place, making it take 13 weeks to enter the 'system' might mitigate that somewhat?