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RE: The platform growth/rewards pie paradox: A fundamental flaw in the Steemit architecture (Part 1 - The Problem)
Yea, in the shareholder analogy, everyone is constantly getting diluted shares; however, the pie should be growing at a faster rate to compensate.
Yep, haven't got the numbers handy, but I think user growth is far out pacing Steem appreciation. Go on a long enough time frame and it definitely is - Steem is down and User growth is up. Part two coming later today.