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RE: Instant liquidity for a fee?
I was wondering when you were going to bring this idea to the blockchain, it sounds like an opening post?
I get it, it sounds attractive, and with variable exchange rates depending on size/urgency, I think there would certainly be a market for it.
For a long time, I've held a comment from @mattclarke in mind with regards to one of his attractions to Steem/SteemPower, which was the lock-in period (e.g. providing stability) - and when he first invested it was much more than 13 weeks to power-down completely.
It would be interesting to get the thoughts of some of the larger investors like BT, I'll be checking back in later :)
I would love to get Matt's input on this too... hopefully others show up!! ;)
I won't start dm my post to whales, but I'm tempted! hahahah
Thanks for the mention, Asher. Great to see you having fun at steemfest. Maybe next year.
I loved this idea, right up until I read blocktrades' comment.
The powerdown period is a huge safety feature, and I think it's kept us out of the crosshairs of very sophisticated scammers.
They know they won't get much, so they're looking elsewhere.
Security concerns aside, transferring/selling SP at a variable discount via a market would be the best of both worlds. In a broad, dump scenario the reduction/take would be huge, since everyone is looking to get out. If it's just a personal emergency, that haircut would be much smaller.
Better for buyers too. I'm only buying Steem to power it up. If I can get it pre-vested at a discount I'm getting more :)
I'd love to go back to 104 weeks. SP is influence, and I want the influence in the hands of people planning years down the road, not months.