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RE: Steem as a Digital Currency

in #steem8 years ago (edited)

And as for STEEM...who in the world would want to hold a currency that keeps losing its value? How do we course-correct, and stabilize the price?

Call me a little behind the curve, but is this even possible to stop? Steem has inbuilt inflation that it needs in order to provide content creators with rewards, so how exactly would you counteract this and to what extent?

If SBD has to disappear entirely, that's a little sad IMO. Coupled with services to diffuse who sent what where, it would have been a killer currency: Stable, decentralized, anonymous.

-Btw @furion could you plot / explain how we would go about plotting the most stable out of the above currencies mentioned on a separate chart? I'd like to see how they performed (separately, but on the same chart) as a portfolio.