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RE: Liquid STEEM Report Jan 15, 2020

logiczombie (57)in #stats • 6 years ago (edited)

I wish I owned 0.502192% of all steem created over the last 5 days.

I also wish I owned 0.502192% of all gold mined over the last 5 days.

I think burning steem is misguided and it would be much better to power-it-up.

However I was shocked to see burnposts at the top of the 30 day leaderboard.

Thanks for the info!

6 years ago in #stats by logiczombie (57)

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hone.heke (51) 6 years ago

I could not agree more.
To my way of thinking the point of creating Steem was to distribute (get it in as many hands as possible) it as far and a wide as possible.
The more it is distributed the more people will be attracted to use the platform.
It looks like a valuable resource going up in smoke to me

$0.03

2 votes

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logiczombie (57) 6 years ago

More than just that, if people are voluntarily burning it, I believe it sends the message that people think it's worthless.

It's actually encouraging to me that @socky is seeing only a relatively small percentage burned, however, the sum total is still (I suspect) a pretty large amount (give it to me pleeze!). I'd be more comfortable if it was closer to 0.000502192%!