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RE: Proposed Changes to Steem Economy

in #steem8 years ago

Hyperinflation, or specifically the effects of powering up, kept money off the exchanges, which has proven to be possibly the biggest point of failure in crypto. With the new changes catering to speculators, exchanges will most likely become the single biggest point of failure for steem.

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We will need to get the community behind pushing exchanges to use best practices - savings accounts and account recovery partners.