The price of steem should go down as the interest of steem power goes up cancelling each others effect. Unless new buyers come into the equation, this is like a ponzi.
You are viewing a single comment's thread from:
The price of steem should go down as the interest of steem power goes up cancelling each others effect. Unless new buyers come into the equation, this is like a ponzi.
I had less math understanding of Steem when I wrote this blog than I do now. My latest blogs explain better my understanding. The ratio of SP to non-SP would need to be very low in order to achieve the compounding I speculated about in this blog post.