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RE: Is Bitcoin a Ponzi too? A Simple Explanation about Where Does Money Come From for Dummies

in #steemit8 years ago

All fine, but the question is about long-term sustainability.

I'm no economist, but I feel that the fixed rate of dilution/inflation and interest rates in the steem system is a mistake. They must float freely according to current market conditions.

Also the prominent "Buy Steem Power" button on the front page looks desperate, feeding the impression of depending on continuous outside investments to keep the "ponzi" going, and should be removed.

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While inflation rate of STEEM is fixed at 100%, the number for Steem Power varies.

Steem dollar rate varies too.

Eh no one needs your money or anyone else's money and you just sound very ignorant.

I agree. Having the "Buy Steem Power" button is a very bad idea. It achieves nothing, yet gives the wrong impression.

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