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RE: Ethereum's Market Cap Is Currently More Than 50% of Bitcoin's
Haha I kinda regret selling some along the way, but to be honest I've been drifting away from Ethereum development stuff and now looking into steem and eos..
I understood that steem is unlimited in opposite to Bitcoin, what makes steem inflational, right? How can the value of it increase?
Hi @johano :). Steem inflates its supply by 9.5% in the first year, decreasing by 0.5% each year until 0.5% inflation / year, I think. In 20 years, expected to have around 660 million STEEM is circulation. Today there is about 250 million STEEM in circulation. It might've been updated though, but this is the latest i've known.
Thanks @kevinwong. This was helpful. I am quite new to all crypto. Have a nice day.
Hey thanks for replying! I'm still mostly on BTC though, slowly diversifying
Are you based in MY by any chance?
I'm around sometimes :)