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RE: Chart Of The Day: How Many Tokens Do We Have? Crazy
In a newer post I proposed market-making activities.
Steem-Engine is treasuring the Steem people are depositing in exchange of other tokens. That reduces the inflationary effect but as the tokens itself have an inflation (I have read about 10-20 percent p. a.) In total I suppose some inflation effect must be exist.
I suppose another negative effect is that people are paying attention to tribes, curating and not Steem. Are trying to get more SE tokens than Steem.
Positive effect is many are more active than before.
Hi @deathcross
Thank you for your kind and prompt reply. Appreciate it a lot.
Another positive effect is the fact, that those tribes are creating so called "sinks" where they burn tokens.
Yours, Piotr
So, sinks are a perfect solution to solve the problem of tokens which wouldn't exist without the tokens. :)
Or, with other words: Why to make so much money if you must burn it after? Make less.