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RE: Why Steemit is the Best Social Media Network: Improving Society through Ownership
Agreed. But the 100% inflation rate of Steem is concerning.
Comparatively, onG.Social is more exciting, for several reasons including the limited number of onG Coin tokens
That's true. But you have to consider the rate of growth of users. The 100% inflation rate p.a. shouldn't be a problem during the rapid growth stage. But it does dilute your ownership, if you don't increase your Steem by a faster rate.
How does it work on onG.Social?
No inflation, more users than steemit already ;)
Oh wow. This is honestly the first I'm hearing about this other site. Do you use it? How does it compare (other than financial differences)?
check out ong.social
Does the growth rate of Steemit exceed the inflation of Steem?
No not currently. Steemit's membership rate is much higher. That is there is way more than twice the number of active users there were last year.
..interesting point!
You're right. onG.Social is much more versatile. It is a social hub and blog in one. They will also integrate steemit api, so you can post and earn both cryptos at the same time. The limited coin supply is another big advantage.
U r right mate.