I would propose a burn of at least 50 million STEEM from @steemit

in #steem7 years ago (edited)

😉Dear Steem community,

burn.jpg

I would ask that Steemit, Inc. actually burn a large portion of that stake, especially since it doesn’t appear that it’s being used for its intended and stated purposes. And with changes to account creation coming soon, which will result in less cost for account creation, currently having 73+ million STEEM in just two of their accounts (nearly 30% of the total supply) seems to be unnecessary for the stated goals and the current results of their actions (or inaction).

I would propose a burn of at least 50 million STEEM, which would bring the circulating supply under 200 million STEEM

Source: https://steemit.com/steem/@ats-david/why-does-steem-lag-in-a-bull-market-for-cryptocurrencies

Agree 100% with these statements. What do you think about this?

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