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RE: Steem to $1,000?

in #steem6 years ago

Let's stick to primary sources, I have no idea how accurate "investopia" is. The white paper can be found here:

https://steem.io/steem-whitepaper.pdf

You want to go to page 21 where it says this:
Screenshot_20180720-151421__01.jpg

I couldn't see anything about the reverse split, feel free to point it out and I will take a look.

Thanks
@kabir88

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Ok, it seems that the whitepaper was updated 11 months ago into a new form and the reverse split info was removed... my question now is, the info was removed or the function was removed? Probably the function, guess no more reverse split :P

https://steemit.com/steem/@steemitblog/a-radically-updated-steem-whitepaper

look here into the "changes" in the new whitepaper, it seems they removed the split

Thanks for checking! You had me worried for a second.

NP, being wrong is part of being human xD But the thing is i could understand the reverse split.. it would "hinder" hyperinflation a little... don't you think?