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RE: Steemit Crypto Academy Contest Season 9 Week 3 - Steem Inflation
hi dear @artist1111
inflation is something which make the economy of a country in the negative side and it can also impact the cryptocurrencies as you have explained it
when the supply of the items in the market is increased then we expect that the inflation rate decrease because the items will be available at low costs and purchased power of the money will be increases
you have also calculate the current inflation rate of the steem token and it is right that steem token will be difficult to earn in future because inflation rate will decrease and block rewards will also decrease
success in contest
Thank you brother for your time .
This is the reason why today economy of pakisan faces challenging time , yes of course as like solid currencies it can also impact the cryptocurrencies , However wise decisions may give something another positive directions . If we support and spread awareness about steem token burning , this is one solid step towards steem success .