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RE: Steem as a Digital Currency
You need a locking period to prevent someone from transfering his stake to another account and vote multiple times on the same stuff.
But you make a great point, and I have been discussing this with the busy team recently and they also seem to agree that SP could be removed too and that 3 currencies is confusing for people but we would need a mecanism to prevent double voting with liquid steem.
Of course and I think it was mentioned in the white paper too. Not sure what other mechanism could do that though.
@fabien said something like, if the payout period is 7 days then only the steem that has been in the wallet for more than 7days can upvote. I havn't thought about all the details but i think it could work.
I will need to think about it but it might.