RE: Steemit Crypto Academy Contest / S9W3 - STEEM Inflation.📈
Hello dear friend @mini80. I hope that you will be doing well and enjoying the time. You have presented a very beautiful sntry in this contest.
First of all you have discussed about the inflation in the Fiat currency and then discussed its effects on the cryptocurrency. Obviously the inflation also affect the cryptocurrencies.
The cryptocurrency are totally dependent on the supply and demand and if the demand of a cryptocurrency is high than its mean that that it's price or value is high.
For the year 2016, the fixed inflation rate was 9.5% and it will decrease or drop to 0.01% for every 250,000 blocks mined and it occurs every 8.6 days
Rightly said, the inflation rate of the Steem Token is decreasing day by day, and hence it will be very much difficult to earn Steem in the future so it is the best time to gather huge amount of Steem Power.
Thanks a lot for sharing your beautiful post with us and I wish you a very good luck for the contest.
Saludos amigo
Muchas gracias por las palabras y por el análisis detallado de mi participación y de este tema para todos.
Se que eres un experto en este tema y además de ello, puedes orientar a los que deseamos aprender en la criptoacademia.
Feliz noche
You're welcome dear 🥰