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RE: Let's burn some steem... I need your help.

in #burnsteem5 years ago

I like the idea of fiat token sinks where people who want fiat instead of going to exchanges can use a sink that pays out in their local currency but in doing so burns a portion or all that steem I means it’s leaving the crypto space technically! This makes for scarcity but also enforced the fact that the Steem you sell now you’re getting on the cheap and future steem will be way more valuable! It should be almost a punishment or counter intuitive to exchange Steem for fiat!

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