You are viewing a single comment's thread from:

RE: Is Bitcoin a Ponzi too? A Simple Explanation about Where Does Money Come From for Dummies

in #steemit • 8 years ago

All fine, but the question is about long-term sustainability.

I'm no economist, but I feel that the fixed rate of dilution/inflation and interest rates in the steem system is a mistake. They must float freely according to current market conditions.

Also the prominent "Buy Steem Power" button on the front page looks desperate, feeding the impression of depending on continuous outside investments to keep the "ponzi" going, and should be removed.

8 years ago in #steemit by
$0.00
    3 votes
    Reply 5
    Sort:  
  • Trending
    • [-]
     8 years ago  

    While inflation rate of STEEM is fixed at 100%, the number for Steem Power varies.

    $0.00
      Reply
      [-]
       8 years ago  

      Steem dollar rate varies too.

      $0.00
        Reply
        [-]
         8 years ago  

        Eh no one needs your money or anyone else's money and you just sound very ignorant.

        $0.00
          Reply
          [-]
           8 years ago  

          I agree. Having the "Buy Steem Power" button is a very bad idea. It achieves nothing, yet gives the wrong impression.

          $0.00
            Reply