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RE: The Calm Inflation Proposal & The Additional Advertisement Proposal

in #witness-category • 8 years ago

Thanks @fyrstikken

This link should be the bulk of the convo with @ned for those who missed it:
https://www.dropbox.com/sh/8eb095b8idut4so/AACR_Bjv3O99GKmpGy7ZLuSma?dl=0&preview=rec_20161030-050059.mp3

Interesting times...

8 years ago in #witness-category by
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     8 years ago 

    Thank you for providing the link to the mp3 from our spontaneous talk earlier tonight @majes :)

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     8 years ago 

    Most welcome, thanks for the up-vote :)

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       8 years ago (edited)

      SteemPower annual interest: 5 %

      The 5% is not interest, it is inflation so there is no actual financial benefit from this. Which is why I think that if we are going to reduce the inflation to such low levels then it's best to remove everything so that people's steem power balance represent the exact VESTs/share that they have and that steem is inflated the least possible. ( attractive to traders)

      I very much agree with the general idea of your proposal though.

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