I'm still thinking things through, but I'm getting closer and closer to advocating a change where inflation is based on staked Steem rather than any measure of the universal supply. (Mostly for reasons other than this.)

This stuff is pretty wild.

Steem definitely has a bunch of interesting emergent properties. It reminds me a lot of early Minecraft, and I'm not sure which of our bits are the ones that are like the minecart physics, where "fixing" them to be more realistic made the game a lot less fun.