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Altcoin Discussion
Re: Steemit how can this thing be workable long term?
by
CoinHoarder
on
14/07/2016, 19:36:27 UTC
Quote from: albert11 on July 14, 2016, 07:16:13 PM
The point is bitcoin inflation rate is going down while steem inflation rate is not.
Well, Steem inflates at about the same rate as Bitcoin (for Bitcoin's first 8 years.)
Steemit has 8 years to figure out a better plan.
I proposed a method to reduce or negate inflation, and there are others as well.
https://steemit.com/sip/@coinhoarder/steem-proposal-offsetting-steem-power-debasement-through-unobtrusive-advertisements#@coinhoarder/re-blakemiles84-re-coinhoarder-re-donkeypong-re-coinhoarder-steem-proposal-offsetting-steem-power-debasement-through-unobtrusive-advertisements-20160712t074215888z