I’ve wondered more than once whether it’s better for the ecosystem to burn STEEM or to burn SBD’s.
I have no clue which would be better.
You are viewing a single comment's thread from:
I’ve wondered more than once whether it’s better for the ecosystem to burn STEEM or to burn SBD’s.
I have no clue which would be better.
I guess in the end it would be the same thing. you are burning vests (If I am not mistaken)
Hi @preparedwombat
Neither one or the other would actually create demand. Burning alone won't really change much (to my knowledge).
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).