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RE: HIVE Inflation - Let's Talk About It

in Threespeak4 years ago

Inflationary currencies are not necessarily evil, and we still haven't experimented enough with deflationary currencies on a wide-scale to see what happens in different situations. I think we can have an inflationary currency with some deflationary projects tied to it, like your SIP for example. Brave's system of buying back BAT is another simple example of a deflationary project on an inflationary currency.

This seems like a healthy balance that could allow us to rise in value as our community grows without becoming too rare or centralized. As we stabilize at a much larger scale and higher price the majority of the new value can flow into second layer tokens.

Your curation is pretty good, I see you supporting lots of different people

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With a good enough sink(s) - inflation based systems can be offset so you get the security of inflation based system with the lower sell pressure of a capped token.

That’s exactly what I’m saying 😀 😀