@astromaniak , you say that the number of steem tokens generated will gradually slow down over the next 17 years or so. The question is what will be the worth/use of steem tokens when they have slowed down to almost a halt. What will then attract new users to steem.... Can we assume that then the steem tokens will be worthless ?
If there is demand a reduced supply, the price should go up, like any collectible.
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@shainemata , that is exactly my question that once the steem tokens being generated have slowed down considerably, then new users will not be attracted to upvote or post content (in short won't be attracted to steemit as it won't be worth the effort and time). So obviously there will be no/less demand for steem tokens and I am wondering why the steem tokens at that time will hold any value when the main steem engine (on which the whole game of rewards is based upon) will have slowed down considerably. I personally think at that time the steem tokens will be worthless.
I think that if the newly created STEEM pool decreases, the value would increase for each one. So, technically, you would get less rewards, but that would be offset by the higher value.
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I think that as long as it is possible to speculate on the STEEM token, it will always have some value.