Dear @aggroed
Great read.
Eth has better price and is terrible to use because every transaction has a burn.
I've been wondering for quite sometime already - why transactions on steem blockchain need to be 100% free. Nothing is ever free. We're paying for things in form of hidden taxes or hidden costs.
The fact that Steemit Inc is selling that much steem every month to cover their expenses is a result of this "marketing slogan" about free transactions.
I would rather like idea of each transaction above 1 STEEM be charged with some low fee, knowing that those tokens collected in form of fee will be burned.
That would surely lower steem selling pressure.
So, I'm counting someone burning somewhere will mean someone else being forced to buy. This might be wrong, but thus far it's my general experience.
To some degree. The fact that someone is burning doesn't yet mean that there will be more buying power (someone else forced to buy).
At the same time total daily rewards are probably always way higher than tokens burned. So circulating supply will be constantly growing faster and faster. Can burning catch up with it? I'm seriously curious.
For Advertising I'd like to see all the front ends start having ads that display, but you have to burn Steem to get the ad.
I LOVE THAT IDEA! I would love to be able to pay for ads with STEEM or PAL. Promoting does work very well already. This could work even better.
Yours
Piotr
They are not 100% since you need to hold steem to make them. Holding is like a fee. It's much better because users don't feel they are paying a fee.
The alternative - Ethereum for example, makes a very annoying user experience.