You are viewing a single comment's thread from:RE: Steem HardFork Velocity will reward all current Steemians.View the full contextpenguinpablo (78)in #steem • 7 years ago Does anyone know how much Steem will be burned for each new account? I suppose the Steem of @steemit and @steem will be used for it. We must be grateful for such generosity.
I would assume this will be easily set by witnesses just like reg fees are now.
If that's the case, than the creators are basically giving up part of their stake in the currency to make this happen? It's like they will be burning their own money, so ours would not suffer inflation?
They already do give up their stake with every new user every day.
I guess I really don't understand the registration process that well. It's becoming a bit embarrassing... ;)