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RE: How to increase demand for steem and steem power?

in #steem8 years ago

Maybe there could be a list of people who have voluntarily decreased the amount of steem in circulation? When steem is destroyed, it benefits everybody else. By destroying it, users could show that they really care about the Steem community. For example, if somebody does something really stupid and regrets it, he can show his remorse by sending some steem to @null. It could be one way to regain reputation after a mistake.

SO you plan to fight inflation by encouraging people to burn money.

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Yeah, why not?

because it won't work. People won't act against their own interests to benefit the group.

Of course it would work, the question is only how well it would work, is it worth doing. People are continuously acting against their own interests, just look what's happening in politics.

It could be also beneficial to the individual, too. For example to show their regrets about something stupid they did. Or newbies could use it to show their commitment to Steem. It's pretty good way of signaling that user really likes Steem. That's one way to get people interested in you and gain more followers.

There should be charts that show how much people have destroyed steem for the benefit of the whole community. All-time, monthly, weekly, daily.

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