No, authors safer actors here, they receives Steem Dollars which backed by STEEMs, so if exchange rate of STEEM will drop, authors will get more STEEMs for every Steem Dollars. For example, if STEEM exchange rate drop to 0.01$, author will get 100 STEEMs for every Steem Dollar.
What good is steem power to ones who will never be able to have power!! and others who have lots of money to just buy thier steem power transfeering thousands of dollars to upvote the little fishy's!! WTF!!
Your freakin kidding me? If thier is not limit then they've created something similer to the fiat system. Why in God's name did they do that?? I'm new to steem but if you have no limit, who creates the tokens and as the tokens continue to get created, it will water it down over time have no actual supply and demnd level, like Bitcoin and limited 21 million supply. This does not bode well, for steem or steemians of this Steemit. I have to think now and research weather I'm wasting time on something that will be useless for those trying to join years down the road..Big freaking ass pyramid scheme were the firsts sit on top and the rest clambor on the bottom sharing out whats left of the pile!!
Inflation is about 100% per year on the STEEM currency. No coin limit.
So the value of each STEEM will be smaller day after day?!
It's like printing money...
Yes, but value of Steem Power will grow.
But the authors of blog post will receive less $ each day because of this "printing". STEEM value will eventually be NOTHING
No, authors safer actors here, they receives Steem Dollars which backed by STEEMs, so if exchange rate of STEEM will drop, authors will get more STEEMs for every Steem Dollars. For example, if STEEM exchange rate drop to 0.01$, author will get 100 STEEMs for every Steem Dollar.
So,...if value of STEEM drops to 0.0$, you get infinite STEEM coins for 1 SBD? :D
This needed to be backed by BITCOIN!!! Damn what a waste of time!! I can alreadys predict, steem's future....FUUUCK!!
Damn that's a big number.
testz: do you really believed it? From where they will get this money? From thin air? Who will pay for it?
What good is steem power to ones who will never be able to have power!! and others who have lots of money to just buy thier steem power transfeering thousands of dollars to upvote the little fishy's!! WTF!!
Your freakin kidding me? If thier is not limit then they've created something similer to the fiat system. Why in God's name did they do that?? I'm new to steem but if you have no limit, who creates the tokens and as the tokens continue to get created, it will water it down over time have no actual supply and demnd level, like Bitcoin and limited 21 million supply. This does not bode well, for steem or steemians of this Steemit. I have to think now and research weather I'm wasting time on something that will be useless for those trying to join years down the road..Big freaking ass pyramid scheme were the firsts sit on top and the rest clambor on the bottom sharing out whats left of the pile!!
Noob
Read this:
https://steemit.com/steem/@onubense/why-you-should-not-invest-in-steem
I'm not only one who think this is a SCAM.