This look all very nice for the future of Steem!!! But if the price of Steem goes to 20$ we won't be getting any Steem Power from our posts :(
Is there a chance that they will recalibrate the code to cater for that fact?
This look all very nice for the future of Steem!!! But if the price of Steem goes to 20$ we won't be getting any Steem Power from our posts :(
Is there a chance that they will recalibrate the code to cater for that fact?
That’s a bit of flawed logic. Steem actually calculates your payout in SP (the translation to USD is then just for show) So if you’re getting 1 SP from a post now, your USD may show $5. If Steem price climbs to $20... a post that earns 1 SP will still earn 1 SP and the USD total will show $20! A gain in value does not make anyone earn SP at any slower pace. The increased popularity of the site and competition among users will make it harder though.