Am I the only one feeling uncomfortable at the sight of increasing rewards and massive amounts of money being given away with not enough input to back the digital currency? Something somewhere would be forced to change, lets hope it's for the good of everybody!
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There is no increase in the supply in Steem vs. before. There is a temporary increase in payouts from the pool, but that will come with a temporary decrease as it adjusts to the new algorithm and new voting patterns.
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The Rewards a increasing, true, but they are only better distributed, so more people getting more instead of a few getting a lot....
Very well put. The distribution is spread out over more people instead of being concentrated on a few "whales"
I hope @demotruk it right, presently the rewards are way too high. If I pay out my maximum daily it's more than I hold in steem power. That's not sustainable, they have to come down, my understanding is they will over the next few days.