The first economic moves he has mentioned is decreasing the powerdown to 1-3 days and more rewards for witnesses.

This completely breaks the voting mechanisms of Steem due to the 5 day voting times.

Reason to do this is:

• bring in exchanges and Tron blockproducers as witness
• Stop all STEEM rewards on content
• use the SPS as a development fund voted on by witnesses
• Reward users in SMTs only

This might be great for Steem price. I hold my STEEM - do you and everyone else have theirs?

The tap is closing.