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RE: Steem sinks and raising scarcity

in #steem5 years ago

and the inflation is dropping by 0.5% a year. Once people start making the move from other platforms to earning platforms, it is going to get crowded, and exciting.

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Exactly! If we grow big enough at some point scarcity will become a major issue where even 1 Steem could be worth hundreds. In addition to that on a platform like Instagram advertisers will pay thousands for influencers to post. Just imagine what they’ll pay for votes on Steem or even Steem when it means they’ll reach trending/hot and with it millions of people!

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