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RE: ONE WEEK SINCE HF20 - did things get any better on Steemit?

in #steemit6 years ago

One question @davidke20.

Does creating account burn STEEM? So far I knew that STEEM is being burned only once you choose to promote some post. But it seem that noone uses that feature.

Burning STEEM would shorten a supply on the market, which could help to maintain stable price.

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Exactly. I created two accounts few days ago. The cost is about 4SBD. After burning it left with 0.6steem in the new account. So, in a way yes it become more expansive and of course more responsible for people who ask for an account.

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Is creating free accounts also possible? Or is it possible to pay with anything but crypto?

Yes, can still create free account via the sign up facilities. Free is free because someone already paid for it(namely the witnesses) without our knowledge.

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