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RE: Moving from PAL to CreativeCoin. Let's try to keep bidbots out of this tribe.

in #palnet5 years ago

Sigh. You're bad in economy. Totally wrong. The demand of steem or this kind of SMT come from

  1. speculators/investors
  2. people who wants louder voice
  3. people want to reward creators for good creation, and motivate creators to create more they like
    It's important for the second and third, that's the robust demand. If there's only the first kind left, steem would be just a Ponzi scheme. And currently it's pitiful that the most demand came from number one, and it shrinks as the capital of digicurreny decline. There's only few the third kind of demand. Now that you push away the second demand, it only makes the economy worse and unhealthier.
    If you get other thought, refute me.
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This kind of naive reasoning is why STEEM is at 79M right now while EOS is at 3,600M. Read some of my posts on the problems with the EIP, on the ideas behind @steemsense-eu and on the need to expand beyond the 7 day pay out economy.

If you want to learn about economics, I suggest starting off by learning about inflation economy size.

It's absurd that you compare steem with EOS. These two system are totally different. EOS is much more comprehensive, BM can even create a new social media on EOS while steem is only a social media itself. The SMT now depends on the centralized SCOT bot.
I'll read that if I have time. Wish your articles don't waste my time. Can you provide the links?

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