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RE: The Small Number of Decimal Digits in STEEM

in #steem8 years ago

Had the original inflation rate been maintained this wouldn't be an issue. It was limited to 3 because prices like .000005 are not user friendly nor interface friendly.

Smaller amounts than $.001 also don't make economic sense to track. If steem ever reached $20billion market cap then a 100:1 split may make sense.

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Thanks for stopping by and explaining the reasoning ;)

One day I am sure Steem will reach $5bn market cap, but we are in for a bumpy ride in cryptos in Q3/4 as fiat asset markets are likely to crumble. @dan