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RE: The Network Effect Cannot Save Bitcoin
Hold on. I have heard steem is designed to double supply every year. Every 3.32 year, there is a 10:1 reverse split. This can not be a currency.
Hold on. I have heard steem is designed to double supply every year. Every 3.32 year, there is a 10:1 reverse split. This can not be a currency.
I think the inflation rate started at 10% per year and will drop by half a percent every year until it settles at either .5% or 1%. That's what I've heard anyway