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RE: UPDATE: The Great Steemit Debate: Tone Vays vs @blakemiles84
Are STEEM Power (VEST) disbursements partly funded by people buying STEEM Power?
If so, then the term ponzi can be applied.
Are STEEM Power (VEST) disbursements partly funded by people buying STEEM Power?
If so, then the term ponzi can be applied.
As I understand it, SP is highly inflational currence, so Vest rewards are funded by emission. I've read Whtepaper not very closely though.