RE: Steem 2020 - Reducing Inflation To Less Than 2% APR

You are viewing a single comment's thread from:

RE: Steem 2020 - Reducing Inflation To Less Than 2% APR

therealwolf in #steem • 6 years ago

Feel free to concern yourself with marketing Steem. This post is about the future of Steem, once SMTs are around.

And it seems you're not getting the point of this post. Reducing the inflation rate to 2% won't be the cause for Steem to get into a better ranking, but actually, the combination of everything combined; SMTs & reduced inflation. And having a base currency, which is handing out tokens, instead of focusing and supporting the sub-tokens (SMTs), isn't effective. There is actually no need to have inflation to non-stakeholders (besides witnesses) on STEEM, once SMTs are there.

If you don't think that, give me reasons & evidence why not.

6 years ago in #steem by therealwolf

0.00 BPC

2 votes

Sort:

Trending

[-]

chrisrice 6 years ago

I agree with @taskmaster4450 and I personally think the original post offers bad ideas but I will not dig too deep into it since I am spending most of my time on other things.

@taskmaster4450 has done a good job at pointing out the flaws and blinds spots in your arguments @therealwolf.

When I told a serious investor about Steem he barely knew about it and asked his cousin who invested heavily in crypto and ETH about Steem who replied that Steem was bad based on it's inflation rate of 100% 😂 (this coming from a big investor).

You might want to check your sources in regards to the market's perception of Steem @therealwolf.

0.00 BPC

2 votes

[-]

accelerator 6 years ago

You have not given any evidence that inflation is not needed. So, how do SMTs fund each dapp? Do a simulation of cause and effect and feedback.

0.00 BPC