It would certainly cause exponential growth in the value but it would also add a lot of math to the somewhat confusing numbers to the brand new. The early adapters and hacker class can adapt. But for most steemit seems too complex
Ive been mining crypto since march. The learning curve is rather steep. Lullz. All in all im amazed by it all. My first coinbase was two ether @15 a piece. Within a week they were at 54. Wow yknow what a welcome.
Steemit takes some adjusting to. I've been in and out of the crypto space over the years. I just returned to it early last year after being introduced to ethereum. Steemit as a community was brought to my attention this past summer. I very much agree with the underlying intent of the platform to reward quality content, but I'm just not seeing it applied across the board.
A setback to serious writers/artists/etc. joining the community may be the way in which steem is allocated amongst a handful of whale accounts. Simplification needs to be adopted for the broader crypto world to fully embrace the steem blockchain, in my opinion. And in releasing it from its current constraints, perhaps the value of steem may finally realize its full potential.
Thanks for the feedback. What do you think about the proposal to have Steemit Inc reduce the supply of steem?
It would certainly cause exponential growth in the value but it would also add a lot of math to the somewhat confusing numbers to the brand new. The early adapters and hacker class can adapt. But for most steemit seems too complex
Ive been mining crypto since march. The learning curve is rather steep. Lullz. All in all im amazed by it all. My first coinbase was two ether @15 a piece. Within a week they were at 54. Wow yknow what a welcome.
Steemit takes some adjusting to. I've been in and out of the crypto space over the years. I just returned to it early last year after being introduced to ethereum. Steemit as a community was brought to my attention this past summer. I very much agree with the underlying intent of the platform to reward quality content, but I'm just not seeing it applied across the board.
A setback to serious writers/artists/etc. joining the community may be the way in which steem is allocated amongst a handful of whale accounts. Simplification needs to be adopted for the broader crypto world to fully embrace the steem blockchain, in my opinion. And in releasing it from its current constraints, perhaps the value of steem may finally realize its full potential.