Suggestion: Allow Steem Savings To Count Toward SP

A lot of people will probably hate this suggestion, but here goes. One of the biggest downfalls of Steem to investors is that it takes a long time to power down an account. This means that if you needed to quickly sell some SP for whatever reason (alternate investment, emergency, ect.) you have to wait a week. That's basically years in the world of crypto currency. I realize that allowing people to instantly withdraw all of their SP could have disastrous consequences for the platform. I also know that Steemit evangelists will say you should HODL forever and never power down no matter what, but that's not really realistic for a lot of people.

The savings account feature of Steemit seems well.. useless. As far as I can tell it doesn't do much, and there's no reason to use it. So, my suggestion is to add some new utility to savings accounts by letting steem inside the account count toward your SP without it being powered up. (Perhaps like a delegation?)

Of course, the amount you could hold in your savings would have to be capped. Otherwise nobody would power up and all of the money would simply stay in their savings account! The cap could either be a solid figure of x amount of steem or, possibly better, a percentage of your powered up steem. This would still give a reason to keep most of your steem powered up, but it would still allow those who would invest in the platform some quick access funds for investments, purchases, or emergencies.

I know some will say "don't power down" or "hodl steem forever" ect, but that's not really realistic. Not everyone is an author, that gets to have SBD! Curators or investors would also like some liquid currency to use for purchases or diversification without a super long waiting period, and I think a withdraw cap could give that without breaking Steem.

What could you do with this "savings"? Well, for example, I found out there was still Steemit silver coins available in Pheliment's store! Unfortunately, all my SBD/steem was either pending payout or powered up already. By the time I had some free they were gone. (Booo!) With liquid funds I could've jumped on to that purchase immediately. Not only would I not have missed out on a sweet silver coin, but I could have supported a real vendor who was accepting Steem as a currency!

Let's say there's suddenly a big pump on the price of Steem for whatever reason. You could use your liquid account funds to collect a little profit to reinvest in more SP later, diversify your portfolio, or purchase some sweet goods for Steem.

Main points of my suggestion

1.) Remove 3 day wait for savings account to provide some liquid funds to holders.
2.) Have savings funds count toward SP
3.) Savings account is capped at percentage of powered up SP (10%?)

I realize there could be some gaming here to withdraw more SP faster so there might also have to be a limit on the number of full savings account withdraws per week as well.

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Posted on Utopian.io - Rewarding Open Source Contributors

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