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RE: STEEM is going to $10, does anyone have any questions?

in #steemit8 years ago (edited)

thx for that info lol back to the drawing board. Why is everyone and everything still talking about 100% inflation I wonder.
I did indeed find these numbers in the FAQ just now so thx a lot.

https://steemdaily.blogspot.com.es/2016/11/STEEM-Hardfork-Version-0.16.0-Informative-Post-keeping-up-with-Steemit-is-Development-on-GitHub.html

Found this link, which is quite old so this change to 9% was last year but still I see recent youtube video's of internet guru's claiming the 100% inflation this seems ridiculous. Because every serious investor would read the white paper.

Am I missing something here?

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It appears to me there are not enough of the original development team left to care about updating the white paper, etc.

The most negative and cynical portrayal is Dan Larimer built steemit as a toy to dabble in social media. He lost interest and moved on to Bitshares and then on to EOS. Ned has been left behind to tend over the slow demise of steemit.

That is the most cynical summary.

There may be other explanations

cheers Dave!