Is Steemit Really Inflationary?

I've been told by many that their only concern about steemit and why they are wary about investing in the platform is because steem is apparently 'inflationary'. Most people in the crypto community got into cryptocurrency because of bitcoin and as we all know, there is a limited supply of bitcoins and as a result of this, we have seen the price of it sky rocket over the years, coupled with the fact that we've now become disconcerted with the inflationary nature of fiat currency which is essentially what drove the need for a digital currency with limited supply in the first place.

However, I think that people perhaps need a bit more education on how steemit actually works and look at the value proposition of an idea as opposed to focusing on how much money they can make. For example, I got into crypto to support revolutionary ideas that could change the world. Of course wealth creation was another motivation but the opportunity to invest in ideas which could really have a great transformational impact on the way we operate in our communities and across the world, not including the social, economic and political implications of such change, was one of the major drivers for me personally.

Now steemit as a value proposition is amazing. Content creators getting paid for their work?! Envisage a world where you earn a living being a creator? Doing what you truly have a passion for? Quitting your 9 to 5 as hopefully @trevonjb will be doing in a few years from now. Paying your rent with steem dollars earned through sharing your content like hopefully @meteor0 will be doing in a few months. Not having to work a job that you hate? Giving your precious time away to a soulless corporation? Disrupting corporations like Facebook who pay you nothing for your content but steal your data and sell it to advertisers? I'm sorry but the value proposition here is too great to miss as far as I'm concerned.

Now back to the point of steemit being inflationary. As I understand it, most users on steemit have more of their steem allocated to 'steem power' than they do to 'steem' tokens, the latter being tradeable, while the former is actually locked up for two years with the option of 'powering down' and receiving weekly payments of 'steem power' over the two year period. This means that the majority of the 'steem' tokens are actually locked away and not actually tradeable which limits the supply of tradeable 'steem' tokens.

In addition to this, currently steem can only be traded on one exchange - bittrex, which reduces liquidity and again limits one's ability to actually trade these tokens. Why do you think the price of steemit has moved up and down so quickly? Try buying some steem now and then try again in an hour. The price of steem would have risen because guess what? You moved it just by buying it an hour ago! With the combination of reduced liquidity, and most steem being stored away in 'steem power', the reduced availability of steem tokens (especially as the platform grows and becomes more popular) creates the same 'increased demand for limited supply' scenario that will inevitably see the price of steem rise considerably.

Finally, people do not even have to invest in the platform to join. You can join it for free and simply post content and earn 'steem' anyway! So if you are a content creator already why not simply share your content on steemit and earn free steem based on the value of the content that you share with the steemit community? I've been having this conversation with so many content creators on youtube, facebook, and vine and they just don't seem to get it. It's almost like they've consigned themselves to a world where popularity seems to be more important than social and economic freedom and it's so sad to see... I only hope that the crypto community continues to grow and disrupt the world as we know it to usher in the digital revolution that will transform our lives forever and for the better...