Some people say that the more users join, the rewards (payouts) will be lesser due to dilution. Is that true?
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Some people say that the more users join, the rewards (payouts) will be lesser due to dilution. Is that true?
The amount of Steem will be always the same everyday, so true if more users come in, everyone gets less, BUT if the price per Steem goes up, you will get more $ for it. It's a bit similar to Bitcoin mining, the difficulty rate goes up, but the price too, so at the end you still will have your cut in $.
It makes sense. Thanks for the explanation.
you are welcome :)