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RE: eosDAC burns $56 million worth of tokens....what does this mean for you?

in #eosdac7 years ago

Owk I must say that this was a great initiative by them but why can't steem do a thing like this so as to experience an upward trend?

It's simply economics that less supply puts an upward pressure on price but I don't see many coins doing this except this one I just heard about now.