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RE: Does Steemit Have TSU's Same Fate?

in #steemit8 years ago

More people on Steemit = less curator rewards though right? However more people also means more demand with a fixed amount of Supply therefore the value should increase so the rewards could normalise.

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That's a good way to think of it. Yes. The fix rate of Steem per day is fixed, but the value of Steem is not. Therefore if one time you earn 1 Steem, and on that day 1 Steem is worth $2, on another day you again earn 1 Steem, but on that 1 Steem is worth $5. That's a big difference.