Okay thanks for putting things into perspective. I had no idea how much STEEM steemit inc were selling.
I guess we still have a few years to get STEEM on the cheap while inflation is high, and then the price won't go down as much.
Okay thanks for putting things into perspective. I had no idea how much STEEM steemit inc were selling.
I guess we still have a few years to get STEEM on the cheap while inflation is high, and then the price won't go down as much.
That is certainly one way to look at it. And in addition to Steemit eventually slowing and/or stopping their selling, the baseline inflation declines by 1/2% per year. So yes, over time, the amount of available new Steem will decline a lot.