There is one argument which is that a low steem price allow for faster power distribution . Steem inflation was designed with this in mind with a "distribution" period.
However I don't think this is necessarily true. When you have a low price sure people can get more share % for less money but there is also a lot less people buying because of lack of confidence in the project. If the inflation was only 10% there would be a lot more buyers/traders and overall interests in the platform and sellers wouldn't have to sit on their steem, so the redistribution would probably happen at the same pace in both cases. A shorter time lock period would actually allow for much faster distribution as people who want out would be able to sell all their share quickly.
I am personnaly not worried about distribution at all, it may take time but it is only going to get better and it doesn't prevent the platform from functionning.
I'm also interested to hear some counter arguments.
You are viewing a single comment's thread from:
People who want out quickly can already sell their accounts directly, although not everyone know that, nor convenient enough to do that. Perhaps it's good to add an account trading market on the site.
I hear what you are saying. The distribution will not matter if people don't want the Steem in the first place. Whereas if there is a lot of demand then distribution will happen anyway as people sell off to make profits. Good points.