"but roughly 50% of its supply already is outstanding and the same principles apply."
No. Steem's ultimate supply is infinity, much unlike Bitcoin's 21 million.
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"but roughly 50% of its supply already is outstanding and the same principles apply."
No. Steem's ultimate supply is infinity, much unlike Bitcoin's 21 million.
Inflation rate set at 10% this year, reduced by .5% down to 9.5% the following year etc etc. Set to drop .5% each year all the way down to zero in 20 years. Check the white/blue paper.