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RE: What happens to the price of a cryptocurrency when hyperinflation stops?

in #steem7 years ago

That bitcoin graph puts it into some serious perspective... Although I'm not sure what you mean when you say "about 50% of its supply is outstanding" - steem is a inflationary currency, so while the amount issued wil go down to about 1% inflation per year, theoretically speaking the future supply is infinite. Am I wrong here?

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Nope you are right. For some reason I had thought the supply spigot got turned off after 20 years. It does look like that .9% number though may go on forever?