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RE: SPI Tokens are 100% backed by STEEM POWER and liquid like STEEM - Earn over 15% per year by HODLing

in #spinvest • 5 years ago (edited)

Well, that would be utilizing a mechanism that was invented for coins/tokens that are VASTLY over-issued, and at this time we have a 1 Million token hardcap! So NO, we have no plans for a Burn. Buybacks are always on the table, and the option of quickly turning into STEEM is to use the exchange.

You question is actually even more nonsensical than applying the same query to BitCoin, which has a 21 Million hardcap 😎 If one is strictly looking at the issuance numbers. 😋

5 years ago in #spinvest by
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