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RE: Draining the rewards pool - Part 2 - Some clarification

in #stats8 years ago

This post will now have to be repeated everyday.

Sybil does have a tendency to attack. That was very funny.

Your post makes some stuff that needed to be clarified clear and I see this pleasing both people, those who knew about this and those who hadn't quite thought about it much.

I want to bring up 2 minor things I think would benefit some clarification. I used to talk about the 9.5% inflation as some sort of tax but I think it would be best if we drop that connotation. If the price of Steem stays equal during a year, there's no tax and in fact SP holders will be benefactors of part of the 9.5%. Sure the inflation make it so that SP holder reduce their % of how much of the total SP they hold but I don't think it really reflect the reality of the situation to talk about the inflation as a tax. I'd love to hear other people's thoughts on this.

My second point is this. You said:

"The average garden variety humble "peasant" author (remember: feudal system) should not be aspiring to the top of the trending spot..."

I think what you meant to say or would have been better to say: the average garden variety humble "peasant" author should aspire to that spot but keeping in mind everything you just said in your post to give them a better understanding of what is needed to achieve it.

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Thanks for presenting another point of view!