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RE: To Devs: Why Restrict Steem Power Transfer? @dantheman
In my understanding, the most important reason for VESTS not being liquid is to make sure that VESTS holders have a long-term interest in the success of the platform. This is particularly important because the devs (aka whales) hold a significant portion of the total VESTS. You wouldn't want the devs to sell everything, grab the money and run, would you?
I wouldn't care unless it lead to a dump on the STEEM market, which it wouldn't if the market was uniquely for selling Vests titles.
This would just mean Vests change ownership and I'm rather agnostic in regards to who owns it.
Each new Vest owner would have an interest in the success of the platform, which may sum to the same interest as an individual with a single long-term interest.