@leksimus Thanks for your post. You've given me food for thought!! I will think about explaining your former idea's in my next post...
You are viewing a single comment's thread from:
@leksimus Thanks for your post. You've given me food for thought!! I will think about explaining your former idea's in my next post...
I would love to see a good post on that matter since I haven't seen no one talking about it. Idk if its forbidden to talk about truth and what recognition you would get for that. That part to some extent explains how Steem really works while giving money. Part about getting money out is not really connected to Steem creation, but at the same time, it is. Since Steem has value on external market. That is what really differentiates Steem from other cryptocurrencies and what people don't understand. In a way, this might be flaw of steem or genius solution for new economy where the whole platform is getting stronger trough debt in ownership while paying someone with currency. Anyways if You do research on that matter, I would be thrilled to see some stats and explanations behind it, because I as usual have only feelings and questions, not logic and deep understanding of the matter.
I already know how it works. Dilution is the answer. I will do a more detail simple explanation, however this could be a good thing to read before I post this in a couple of days; Apologise for post promoting myself;
https://steemit.com/steemit/@hisnameisolllie/steem-dilution-rate-explained-currently-much-higher-than-you-might-think
I will wallet message you when it is done
I've already gone through that post, but I guess I didn't get it fully. No need to prompt me about your posts I am waiting for them at the hourly base through feeds. Just keep up doing good work educating us.