Post
Topic
Board Altcoin Discussion
Re: Steemit how can this thing be workable long term?
by
CoinHoarder
on 14/07/2016, 19:36:27 UTC
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