If you burn rewards, then doesn't that increase the rewards of the abusers in US Dollar terms? More scarcity means a higher price for steem, right?
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If you burn rewards, then doesn't that increase the rewards of the abusers in US Dollar terms? More scarcity means a higher price for steem, right?
It is unlikely that the price increase would be so large as to completely erase the reduction. As a thought exercise imagine that stakeholders voted ALL rewards to these burn posts (of course, I don't expect that to happen). In that case yes it could increase the STEEM price and reward pool but none of it would go to abusers. (Of course none of it would go to honest users either, so I'm not suggesting this, only pointing out that it is possible to reduce rewards enough to offset any price increase.) Perhaps with a more modest reduction there can be more scarcity in the reward pool and a bit more care how it is allocated rather than the free for all that seems to exist today.