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RE: Understanding Steem's Economic Flaw, Its Effects on the Network, and How to Fix It.

in #steem6 years ago

Without the ability to stop your holdings from being inflated away at 8% per year, there is no incentive for someone to hold Steem in the first place.

It would crash much worse and much quicker if people were guaranteed to lose there capital at a rate of 8% per year.

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