RE: Steem price and low demand - Fix it finally! Solution is waiting
I see your point. Changing prices in general is not the problem I'm referring. You're right, nothing can promise you constant purchasing power. Problem is printing / issuing new units and diluting original supply. This degrades whatever unit you hold and it's hidden taxation of your wealth and it's always considered unfair. And it also brings outflow of investment capital unless it is either some monopoly like reserve currency or something that is demanded by law. If it's optional, you just don't want to hold it - unless you're doing it for charity or some higher purpose. If Steem creators don't care about that, I'm fine with that but then I don't see any reason for having Steem, SP and SD. It will crash anyway. If they do care and they want to create top social network with millions of users and working business model, they should support investment with no (or very low) inflationary environment. Investors are already suffering with lot of losses already - $ inflation, exchange rates, gain taxes, etc. I don't take argument that bloggers benefits from inflation because investors must benefit first so bloggers can benefit. No investors, no rewards for bloggers. Look how rewards plunged during last month due to the outflow of investment and related price decline.