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RE: The Calm Inflation Proposal & The Additional Advertisement Proposal
Once again, adding an advertising revenue stream is a great idea and would dramatically change the direction Steem is headed. Why would anyone power down or cash out if it starts paying to hold SP. Once we can get Steem moving up again, user numbers will start climbing again. All this powering down and cashing out is killing us.
Well, I have only powered up and invested. I think it will pay off great in the future - but we need to balance our economy, we need a visible roadmap and we need @fyrst-witness among the top 19 witnesses.
I don't think that's what the proposal says. The 5% would be the inflation created by the system so it wouldn't be a financial incentive per say.
It is amazing how hard it is for people to wrap their heads around this concept independent of what the rate happens to be, isn't it?
That's because some people have been pushing the narrative that you earn interest when powered up . It is a deceptive behaviour and blatant lie and people have been perpetuated it.
If the inflation was reduced to the lowest possible people 's balance would remain the same but they would have a more honest interpretation of the share they own and they would probably understand the system much better. One of the reason that investors dont like steem is that they dont understand it and i can tell you that 80% of the people here are very confused about how the system works, Ive read some pretty hillarious shit.