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RE: Five phases of Steem inflation
It is wonderful that inflation will gradually decrease. But can steem live up to that date? Because there are no updates for steem to develop, grow.
It is wonderful that inflation will gradually decrease. But can steem live up to that date? Because there are no updates for steem to develop, grow.
I'm actually more worried about what happens after the new supply decreases.
No one can afford to run a witness node at 1/4 of today's rewards-level unless the price of STEEM goes up by a factor of 3 or 4 and stays there. There's no guarantee that the price will move that way. Hopefully, it will, but we won't know until we get to that point.
Either way, I definitely agree that growth and development are highly desirable.
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