You are viewing a single comment's thread from:
RE: STEEM REPORT SEPTEMBER, 4TH
Ok, thanks for the info. So the ratio will be 9:1. So what it is now? Or does the interest rate simply going down because you have to split this to more users every day? Still not clear about this point....
100/1000 is bigger than 100/ 10000. As the system grows, the inflation % gets smaller.
Sorry to be such an ignorant, but i still dont get it a 100%. Here is the original text from the whitepaper:
...as the system grows, the inflation % gets smaller...
and how this explain that the interest rate goes lower and lower?
You can read more about the inflation from the same white paper starting page 35. Inflation % should be equal to interest rate.