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RE: Steemit Update: Leaving "Survive Mode" ... and Beta!

in #steemit • 5 years ago

would be nice when after they found a source of money (advertising) and sold enough steem for a buffer they would just simply burn the rest of the steem inc held tokens...

5 years ago in #steemit by
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     5 years ago 

    Alternatively they could power back up and use the SP for rewarding what they consider good projects. Wouldn't that be better?

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     5 years ago 

    I definitely think it would not be... who decides what is good or bad?
    Its a bit like central planing/socialism vs capitalism...
    If they burned it, they would give the current stakeholders more power...
    .. and just looking at it mathematically the steem price should double.. what should attract even more users...

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