I love economics and it is a factor that brought me to blockchain and crypto in general as scarcity can become a great. force if well balanced over time. For Steem, also consider that SP is the fuel to power the engagement and transactions of the protocol so as more DApps, people and engagement occurs more stakes are required which diminishes liquid Steem and thus supply. The imbalance in the front years is not having enough demand as the ecosystem develops and attracts developers and users but imagine the prospects of the flip side when there is more demand than supply. The only problem with this model is that you could have stakes that are not being used which does not add value to attract parties to the ecosystem.

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