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RE: The STEEM DOLLAR Purge Begins : This is what we need to DO

in #steem6 years ago

"This can't affect relatively instant pumps."

It can if you enable reverse conversions. Supply can be ramped up very quickly and the speculators will get burnt.

Definition of Purge at www.dictionary.com :-

"1. to rid of whatever is impure or undesirable"

In this context I am talking about reducing the circulating supply of SBDs (reducing system debt)