And you think the current inflation allocation setup is the right way to go for witnesses? Their costs are fixed in USD, which means a tanking steem price could make it un-economical to run a witness node

Facebook launching Libra to potentially 2.3 billion people is pretty big news... some of which likely venture into bitcoin. Plus Bakkt, Fidelity, Etrade, and TDA all set to launch crypto trading services

Which bad news are you referring to?

That is pretty strange... are you not allowed to transfer out of there? Usually that is the case when you premiums like that...

I actually believe their intentions are good, including the witnesses, but they can't seem to get out of their own way. I mean they would benefit much more from a higher steem price than a low one, even

Was that in USD?

cup and handle playing out nicely for us

Wish steem would have done that.

Glad you understand and agree.

Another altcoin. There are only 2,000 of them...

It sure seems that way doesn't it.

Why is that?

I cannot see how that will encourage new people to come here.

That actually makes a lot of sense since their costs are fixed in USD.

Looks like the market really likes these proposed changes... Steem now 70th on Coinmarketcap. It's never been lower.

Yep.

Mostly yes. But instead of working to create revenue to solve the problem we seem to be trying to plug a leaky damn by putting our finger in the holes. Imagine if steemit.com structured things in order

But the witnesses weren't voted in by "us", they were voted in by a very small group of the largest stake holders representing less than .01% of the entire user base.

I was all for a portion coming from several of the inflation categories, which I think just about everyone was so that any one category didn't bear the costs of it all. Yet somehow that all was ignored.

This does sound like a major conflict of interest.