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RE: STEEMIT: With the Average Number of Daily Transactions for July currently standing at no fewer than 655,307 Transactions per Day, the growth of STEEMIT is simply mind blowing..!!

in #steemit7 years ago

While I am encouraged by your transactions graph, I'm less happy about the fact that Steem the token has no issuance cap, and is crudely reverse-split every ~3 years.

Just seems like it will dilute the users value over time, so price gains won't end up making much headway. Or perhaps that will change in the future if they hardfork the rules again, who can say.