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RE: What If Steem Moons?

in #steem • 7 years ago

Currently we get a weird boost due to nobody really valuing Steem for itself, so the inflation rate is only marginally relevant to the price, but in a mass-adoption scenario this won't be true. A 9% inflation rate isn't sustainable against the global market. If we presume mass adoption happens then if the rate is sustained the price of Steem will reduce against other currencies concomitantly.

Also I suspect that as Steem increases in value there will be a higher percentage of it staked and thus more vests. Currently 28.5% of Steem is unstaked.

7 years ago in #steem by
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     7 years ago 

    Well, Steem’s inflation rate continues to fall and at a slower rate than accounts are growing. The real test though will be if/when Steem blockchain usage goes parabolic.

    I suspect that as Steem increases in value there will be a higher percentage of it staked and thus more vests.

    Agreed. The amount of liquid Steem available might drop significantly at the same time that demand for it is accelerating.