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RE: 3Speak's STEEM Burn Initiative! #NewSteem

in #threespeak5 years ago

I agree @crypto.piotr , burning a supply does not increase a demand if the supply is still being "created." And, so, I doubt that burning will do anything at all.

I think a better strategy would be to simply to distribute the same amount in some way toward the purpose of creating new interest. Giveaways, contests, special awards, etc... to "creator types" (as opposed to whales, which is where the excess inflation currently goes).