So soon we'll all be steem millionaires, but steem will be approximately 1 millionth the value (and they'll adjust the units accordingly and employ rounding). Yay!
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So soon we'll all be steem millionaires, but steem will be approximately 1 millionth the value (and they'll adjust the units accordingly and employ rounding). Yay!
Maybe we can say the same about the dollar if we had 90% compounding interest investment valued in dollars and the Federal Reserve decides to hyperinflate the supply of dollars.
If there was no transfer of the percentage of the STEEM money supply from STEEM holders to SP holders, then there wouldn't be any compounding, because it would be a wash.
P.S. I don't think the Fed will do that. I am just making a math point.