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RE: Understanding Vests and the Steem Power Illusion

in #steem8 years ago (edited)

Where did you get the idea that BTC supply is fixed?
It is growing, currently at a rate of 12.5 BTC every block (about 10 minutes)
http://bitcoinblockhalf.com
And btw, Steem is already "public" :)

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Semantics...
BTC will never exceed 21 million, that is what I mean by "fixed". It has not been all "issued" as of yet, but it is capped at 21 million BTC.
Steem is publically traded, but I should have said STEEMIT is "beta" and one must be "approved" to join. Thanks for the clarity LOL! (post edited)