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RE: Steem Debates

in Suggestions Club4 months ago

I think steem should be burned but by big accounts to see a significant change.

This is an unattainable utopia 🙂.

In order for people to burn STEEM, some additional incentives are needed. The prospect that one day the price of the token will skyrocket is not enough. It should be profitable for them to burn now. It's complicated.

Low rewards directly affect the quality of content.

Yes, quite often I've seen people lose motivation because "SC01 hasn't voted for me in a long time". SC01 will never be enough for everyone.

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Or a fixed percentage from all users' rewards can be burned automatically... if it doesn't require a hardfork.

 4 months ago 

There was also a discussion about this and if you look at the comments, you will see how aggressively such an initiative was received.

Oh yes.. I had a feeling that this had been discussed before but I couldn't recall more details even though I have also commented on that post