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RE: Steem - What if we turned off the inflation?

in #steem5 years ago

Definitely an interesting proposal but I still think that the inflationary pressure is only a short term problem but also ultimately helps in accelerating the distribution and decentralization of the network. Given it is DPOS, as large stakeholders sell, they will slowly cede more inflation to smaller users which will be the force behind adoption and engagement which lead to value creation. Price unfortunately is not equal value and that is why it feels undervalued here despite the development.

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Yes, those things are true... but... and this is a big butt... I still don't think it makes sense for steemit.com to enjoy the inflation while other apps do not, and I don't think the shared reward pool will ever really work...

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