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RE: Why Does Steem Lag in a Bull Market for Cryptocurrencies?
Yes Steemit Inc, please burn 50% of your holdings and let the Steem price go up a 100 times!
Steemit Inc would be much better off afterwards as well..
10% inflation for active users a year is not a too high price to pay... Even though it does not halve every 4 years like Bitcoin... the enormity of users and growing userbase should overcompensate...
But yeah, holders who do not want to blog might have a hard time over the inflation stuff.
You are absolutely right.
The inflation rate is decreasing!
Thats incredible! How is the fact that it is decreasing not marketed to the world? Hugely important and would make a big difference to the current market if it was more widely known, @pharesim where did you find out about the decreasing inflation?
I'm a witness, we have to know these things ;D
Here's an overview I got with a quick google search https://steemit.com/steem-inflation/@fyrstikken/what-is-the-inflation-rate-of-steem-here-is-the-supply-table-for-the-next-20-years
Thanks heaps, I'll be sure to turn to google first next time!
Inflation decreases by 0.5% every year. so it will be less of a problem as time goes by.