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RE: Vlog 423: The current downtrend on Steem is taken many to the brink and beyond but not me.
Steemit, Inc buying tokens is a vey bad idea, surprised you mentionned that. A lot of people are already complaining that they have a very large supply, and can centralize the chain whenever they want. all we can do is trust them not to vote their own witnesses.
It's just an example. You can replace Steemit Inc. for any other party/community/app that builds on Steem.
Okay I see. Personally, I would prefer to see a way of burning tokens instead of just people (or Dapps) buying steem. Because even Dapps will decide to sell one day.
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