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RE: Is Burning the Best Way to Save Steem from Inflation?

in #steemit5 years ago

Hello, my friend.

Correct me if I'm wrong, but the term "burn" means to destroy the STEEMs (?). In this way, the price of STEEM rises. Right?

But originally there wasn't a finite amount of STEEM created, like all blockchain projects? To avoid inflation?

I have an idea, I don't know if it's crazy, but what would happen if they paid to burn the STEEMs?

This way, the price is increased, isn't it? I guess if there is less STEEM, the price will have to go up, because of supply and demand. These are just conjectures.

Good to see you :D

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