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RE: Is Burning the Best Way to Save Steem from Inflation?
I agree. Burning tokens doesn't increase the value of a coin. Price of a token doesn't depend on its quantity. Bitcoin is not valuable just because it is rare. But, it is valuable because people see value in it. On the other hand price of steem is not declining because of increasing numbers of Steem and SBD. In fact, no SBD is being printed these days but, its price is also declining. The price of Steem is going down because of faulty strategies of Stinc and top witnesses who are eager to kill the goose which lays golden eggs. Too much greed is the main reason behind the fall of STeem.
Yes you are seeing as what I am seeing. 👍🏼
People got to see beyond the social media, content creation, upvote or down vote hedge, then it can work to make steem valuable.
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