As much as I like the idea I’m worried about huge delegations leading to further erosion of voter influence given what has been observed already in the past year or so. What is the real incentive for powering up if influence and vote value reduces for majority users looking to capitalise on powering up stake, due to delegations + constant sell pressure reducing token value and influence as we’ve seen off late?

Cheap as steem may be currently there’s no stopping the sell pressure right now. There’s no saying when prices will get back to a $1 or higher to sort of even out the impact from any large delegations further reducing existing user influence.

Wouldn’t it be great if people/businesses were first encouraged to buy their own stake and have skin in the game? Rest I concur with some other concerns on this thread.