STEEM Economics Explained | Price, Total Supply & Inflation

in #steem6 years ago


In this video I share some information on the total supply and inflation of STEEM as a cryptocurrency/asset and talk about STEEM being a valuable asset and why.

It's a long video but I'm sure will be very informative and enlightening to most that have no idea about "where the money comes from".

I hope you've benefited from this and I will be covering more cryptocurrencies and blockchain tech development that's happening around the crypto-space in future videos.

Here is my referral for PIVOT:
Register PIVOT to get BTC Bonus where you read news and get rewarded in BTC and PVT tokens.
PIVOT is a community for cryptocurrency investors.
https://www.pivot.one/app/invite_login?inviteCode=pwihno

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There are so many things being done by various blockchain and fintech groups and the progress over the last year has been phenomenal. I'm hoping to get on board with @oracle-d on sharing more crypto news as well as blockchain tech teams and cryptocurrency that is shaping the economy world as we know it.

I haven't gotten a reply yet on my application but I'm hoping for good news soon :)

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Sources:

@penguinpablo - Putting the Steem inflation into perspective

See this post by @fyrstikken for a Supply-Table for the next 20-30 years.


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Your microphone gain seem to be cranked to high. Voice is braking, clipping due to the overload. Turn it down ~30% , you would sound much better.

Yeah only found that out after it was done. Apologize for that. Really took a long time just to get this video from one device to another.

Nice explanation my friend and to the point.
Let's just hope that we won't have to wait 20 - 30 years to see steem's price climb high though!!!

😁 I don't think we'll need to wait that long. It'll definitely increase over time. Some suggest that in 20 years time it'll be $300. We'll see 😊

I wonder the future of steem ,well,thanks for sharing @danielwong

Thanks @kfantox. Hope the video helped ya.

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Whenever I'll need to look for something related to Economics I'll make sure to search @danielwong

Peace.

wow that's humbling @enjoyinglife. I'm gonna be doing more videos on cryptocurrency and other blockchain work as well. Things are actually moving at a very fast pace this year for many projects.... the only thing not moving favorably is the price :D

Hi @danielwong!

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In our last Algorithmic Curation Round, consisting of 284 contributions, your post is ranked at #74.

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Wow. I need time to process all these. You know my brain too much on motherhood and all those explanation will take me days to chew and to understand. But yes please steem rise rise rise.

Thank you for your time to share this. Valuable indeed to Steemians.

Upvoted and resteemed for sure.

Thanks for the upvote and resteem. You can check out the posts I linked to this post. It's well written and maybe can explain better what I was sharing about 😊

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