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RE: Where does all the money come from on Steemit fully answered -- Can it continue? -- Absolutely yes!

in #steemit7 years ago

I was just highlighting the fact when another member slightly corrected one of your comments
@phgnomo **Good analisys, but you got this part wrong:

This value is the key to how it can be sustained. Remember, it was shown that the inflation rate of the coin creation is constantly reduced until there is no inflation at all. This means each year there are less coins created, so there is less revenue to pay the authors, curators, stake holders and witnesses. So we need to have a revenue source other than coin creation (inflation).** sorry for not making it clear

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Thanks -- This was an important comment he made indeed and I have made a correction.

Please see this Update for the complete run down on the inflation rate of Steem.

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