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RE: Steem is the absolute BOMB. It just keeps getting better and better!
According to this nobody gets it. Shame they couldn't distribute it somehow, but I guess things balance out in the end
According to this nobody gets it. Shame they couldn't distribute it somehow, but I guess things balance out in the end
Interesting. So it's burned! Because the money gets burned, nobody can exactly say, 'That's not fair, they are paying for position' when the money effectively is going to everyone equally. Steem is intentionally issued in a relatively inflationary manner, specifically in order to allow reallocation, such as voting, interest accruing on SP, and so on. It's a good deal all around. It's a system of market promotion, that benefits everyone.