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RE: My proposal: reduce the withdraw channel from 104 weeks to 104 days or even 104 hours to make steemit less like a ponzi scheme
This post is dumb. The reason the 104 week withdrawal period exists is because STEEM is getting inflated at a staggering 100% per year to pay the authors & curators. The 104 week period is the only thing holding the price up. Without it, the STEEM price goes to zero and the whole thing collapses.