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RE: Inflation as a Platform Cost. Another Look at Stake
I do think that steem is somewhat handling the inflation better than any other POS unlimited supply coin. For example, a lot of steem is powered up.
However i do think this is a result of having no fees. PIVX sloves it inflation problem by changing a real small fee for a tx which gets burned.
I wonder for like high value/heavy tx steem and put a tax. This might help lossen the resources needs of the chain. PIVX also has it own steem power aka masternodes. I wonder if SMT are just a ploy to get more steem locked up. More steem power as SMT the more Reasouces credit it gets right?
Inflation ain't bad as long as it managed and the coin has demand.
I think their resource credit system that's coming soon is precisely what's going to resolve this issue. Even now it's got some primitive throttle for resource concerns, and I'm pretty excited to see how it will work. I don't thin kit's a ploy, most of us probably won't be using the blockchain so heavily to even have to care about it. But yeah, it's a different issue than inflation.