Here's what really happens when you block people from withdrawing immediately and use average price for withdrawals: When price rises, people are dis-incentivized to withdraw money, because the average

Actually, there is a solution to steem power transfer problem. Stop giving out steem power to new accounts and make Steemit invite only. If you want to invite someone, you just transfer some part of your

Hell no. This sounds fucked up For there to be interest, someone must agree to pay it (e.g. borrow money). I'm looking forward to the time where we'll have bond market in bitshares. In contrast, your proposal

UBI? IF you want BI, why don't you talk to your friends and pay each other's basic income. No need to force it on other people

Nice article, even shared it on FB. But I happen to disagree with you on that there isn't a single economic theory that is right. Austrian theory is right. Keynesian theory is wrong. If you take a theory

I'd really love to see more places and MORE pictures. There is some text, but when I read stuff about travels, pictures are the king

The price moves. It's called volatility. ETC volatility is waaaay higher than BTC. Also, as far as I see, it didn't break the trend. Basically, the currency with the least volatility wins. Right now, BTC

well, if everybody gets rich, there must be a problem with this scheme. Still, I'm very curious to see how it turns out!

you can call those organization public contracts. The real sort, not to be confused with "social contracts"

I was thinking about bots as well. I think that one way to go about it is to make steemit an invite-only system, where you would actually have to sacrifice your steem power to invite other people. That