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RE: Witnesses meeting with Tron Representative Roy Liu (Full Recording + Context)
Going to sleep now, but whoever suggested for exchanges to start powering down now is 100% spot on. Even if coding was started now, followed by testing, it will take time. Meanwhile the exchanges could get liquid Steem back little by little, not waiting for God knows how long before the hardfork is ready. And once it is, they can get their remaining powered up stake out faster. I don't see what's the issue here is of not starting a power down now.
I've gotta give this a listen soon... Don't know if it's been suggested, but playing the "If I Were A Steem Witness Game", my compromise offer on an accelerated power down would be to apply it to Justin's accounts and not the exchanges. By personally placing millions of new Steem on each of the exchanges, Justin can restore their liquidity and fulfill the assurances that I believe he made to them, while relinquishing witness voting power as Tron says they are willing to do.
Fair go, that.
Thanks!
That's food for thought, let him bail out the exchanges not us. Personally I wouldn't give in to the exchanges' demands to shorten the power down window for their sake. And that's what this whole meeting was about, bailing out exchanges, not about making sure Justin's stake is safe or smth (which it is btw).
Going around this point in circles can go on forever and exchanges refuse to start powering down in hopes of getting that Steem out soon and fast. Ridiculous. I'd at least start powering down now to get some liquid Steem in a week, rather than nothing.