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RE: Let's burn some steem... I need your help.

in #burnsteem5 years ago

I have been writing in favor of burns for a long time now, problem I was facing was that the people who wanted to burn are the ones who could only burn little in absolute numbers (even though much in percentage value) and people who had huge amounts of absolute numbers didn't see the value of burning even a little percentage of it.

Long story shirt, little people at the time had way less steem to burn than they do now, in proportion, so they wouldn't make a difference - and whales were opposed.

Now the distribution looks better, and I'm pretty sure the same whales are opposed, but at least now the bases look a little more solid and can help out.

My only fear is that the little guys burn it to help the big guys leave faster. Because let's face it, there's a trend of it going on as far as whales dumping.

Cheers

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Yep, burning only makes sense if absolutely everyone are doing it on around the same relative value.


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