You are viewing a single comment's thread from:

RE: The Economics Behind the Steem Dollar Arbitrage..

Hello @blakemiles84 I can see your point of view.

I think this is the cost of natural distribution. Certainly a rising/stable Steem Price breeds confidence in the ecosystem, but we are so early here, this would take governmental levels of control to achieve.

As me and you have discussed before, the closer to we get to 90% Steem Power to Total Steem Supply, the less this incentive exists.

I think we've just got to hold out until we reach this scenario.

Coin Marketplace

STEEM 0.18
TRX 0.14
JST 0.030
BTC 57983.59
ETH 3132.93
USDT 1.00
SBD 2.44