Honestly, I'm not sure the plan is to have STEEM being really high value per coin, because as far as I know there isn't any limit to the number of tokens and they're essentially built onto a compounding inflation system where more and more are created over time. Correct me if I'm wrong but at a certain threshold this basically guarantees the price per STEEM token going down, and the only thing retaining your account value in that scenario is getting more of it through curation or posting to maintain your relative stake ratio of the overall amount. If the marketcap is rising faster than the inflation of the token then it's value will also increase, but the higher the market cap goes the harder it is for it to keep increasing by some steady percentage needed to outrun the inflation mechanic, so in the end everyone will have a billion steem coins and buying something will cost thousands or more. At least that is my long term projection based on the current system.
You are viewing a single comment's thread from:
In 19 years no more STEEM will be created.
where did you get that?