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RE: Reward Pool Analysis (Why your Rewards are Dropping and When it May Turn Around)

in #steemit7 years ago (edited)

I think both options are questionable at best. The first one I would even concider suicidal. While keeping up the fassade inside the community, it would destroy the faith - and the value of Steem - in the outside world. Doubling the amount of Steem every year will lead to a hyperinflation after some years. The old chess board dilemma, you know.
And hoping that Steem rises in value... Well, hope is always good. But its not much of a plan, really.

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Luckily we don't have to hope for the price of STEEM to rise with growth of the user base. We have pretty good evidence of that.

https://steemit.com/cryptoreport/@leongkhan/steem-fundamental-analysis-crypto-report

I do not believe that crypto currencies are out of the woods yet. All crypto, not only Steem. Apart of some systemic problems inside the cryptos, there is a growing hostility of the central banks and other powerful entities in the financial sector towards cryptos. And they have the means to give cryptos a real hard time - if neccessary, by declaring it illegal.
So, I dont take a bright and happy future for cryptos for granted yet.

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