How would steem win value if every new user increases inflation?
Is it possible for steem to gain value given that every new user increases its total supply?
How would steem win value if every new user increases inflation?
Is it possible for steem to gain value given that every new user increases its total supply?
The value of steem is indirectly proportional to its popularity and popularity is directly proportional to number of users on the platform. More users means more demand for steem and when demand increases, price goes up.
Thats wrong , the Reward Pool does stay the same no matter how many users are active or how many new users sign up. Just have a look at the steemit FAQ: https://steemit.com/faq.html#How_many_new_tokens_are_generated_by_the_blockchain The Inflation does start at 9.5% and does decrease by 0.01% every 250 000 Blocks (~0.5% per year)