Not as long as the print-rate is consistent. Why buy more when more will automatically be created the next day? It might get to $10, but not $1000.
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Not as long as the print-rate is consistent. Why buy more when more will automatically be created the next day? It might get to $10, but not $1000.
Then how do you explain Dash, with an inflation of 13%/year?
Better marketing.
So it's possible.
I was joking.
Dash Coin is mined. Steem is not. Steem is created automatically.
Doesn't matter. Both coin emissions are set rates. Steem uses a set rate defined by code while Dash uses a set rate defined by code in conjunction with the hashrate and network difficulty.
There is no functional difference from the standpoint of new coins entering the economy.