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RE: Burning STEEM! | December 2019

in SteemLeo7 years ago (edited)

I don't understand the idea of burning something when people need them or are using them. Inflation is not always bad. it's depend where it goes. Steem is around 8.5% today and decreases every year by 0.5%. Those who power up their Steem benefit from this inflation. Long term holders benefit from inflation. It's not a problem because it was design and build with that in mind. Those who want to burn their steem can do that with @null account.

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Inflation is good, scarcity is also good .... a balance is needed :)

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