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RE: Haircut is around the corner unless STEEM price is above $0.245
I believe the main reason is Proof-of-Brain isn't working.
Pob was intentionally broken.
The accounts that broke it like things just fine the way they are.
Imo, they got their profits out some time ago and now, couldn't care less.
Who's to say?
50 years from now it may have proven to be the best strategy.
Money, for nothing.
Interesting point :)
Nobody is currently disputing it.
Steem's math wasn't designed for the ninjamine.
Those using the ninjamine against us know exactly what they are doing.
Not all of them are bothered by the morality of doing so.
Stinc's solutions to this point have made things worse.
This proposal just cements their desire to see steem as their personal piggy bank to be dispersed to their 'faves'.
Hardly any first year business majors could miss the hole in the logic of doing so.