@snowflake No not at all. I think you have to use gamification to make people want to power up. I also think you need to accept credit card and more traditional banking mechanisms so people can for example subscribe to Steemit.

The reason no one is powering up is because Steemit isn't positioning itself as a company trying to profit from power ups. It's trying to position itself as a sort of non profit. How exactly is Steemit even trying to be profitable?

Just tinging with the parameters is pointless and the fact that they want to parameterize everything to give us the illusion that by manipulating the economy maybe we can fix it? But does that work in any economy where you can just change one parameter and everything fixes?

Demand is non-existent. Maybe if there was demand then reducing the supply could be discussed but when there is no demand then it doesn't make a difference how much inflation you have.