You are viewing a single comment's thread from:

RE: Instant liquidity for a fee?

in #steem6 years ago

Interesting thought, and the functionality should probably be there. Though, I would suggest that a smart investor wouldn't put so much into a time sensitive commitment, and the only people that might use this service would be panicked people trying to pull out after a crash similar to today.

It kind of reeks of another way for uninformed people to be taken advantage of when their FUD / FOMO hits.

Posted using Partiko Android

Sort:  

you know, I have thought of this too... but its one of those things that I'm still not sure where I stand...

Can we really protect people from bad choices? or can we just hope to be better at informing them...

again, dont know where I stand just yet...

Yeah its a weird one. Likely, the original poor choice would be locking up those funds. A small-ish fee to "fix a mistake" and liquidate isn't the end of the world, or most nefarious idea for sure.

Could be a decent way for people more committed to steem to get powered up on the cheap while "helping" someone...

Posted using Partiko Android