RE: Steem Power Interest Is Not Compound Interest!

[asmolokalo]

You are half right I guess.
Cant say it will get devalued for sure.. In year from now there might be 220.000.000 steems each steem worth 7.04$. 1B+ market cap and it would still not devalue against "stable" currencies.
Because if you hold 1 steem it is always 1 steem.
And because of inflation there would be more steems and you predict that the price of 1 steem will fall/get devalued againt "stable" currencies because there will be more Steems created...

But must consider factor of steem going viral and 1.000.000 people register. that costs man. costs much :)