"The most important thing that is going to happen is that we are going to see the redistribution of high wealth individuals who were not participating in the system, to many smaller holders, which in large is very good for the system."

I agree. We should see some change in ownership with reduction in lock up period...this should be a good thing, though it will have a downward pressure on STEEM price for some time. Great time to soak up the supply if you're bullish long term.