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RE: Feedback Wanted: 4 Week Power Down

in #steem • 5 years ago

dont get me wrong but with onboarding and more usecases we get the same effect in a more sexy way.

Steem is not Bitcoin.

If we remove current SBD from rewarding and make a Version like DAI out of it, we have the same effect beacause Steem get lockt up and less ( not control able) inflation.

And nice site effects like a real scalable 1$ pegged Coin on Steem.

I think things should be build for longterm and not for shortterm.

5 years ago in #steem by
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     5 years ago 

    dont get me wrong but with onboarding and more usecases we get the same effect in a more sexy way.

    No problem, that you have a different point of view than me. I know what you mean, STEEM is not mainly (only) a value storage but also a fast and flexible blockchain with many possible use cases. Sure, there is a difference between STEEM and bitcoin, but for now we have no 'mass adoption', yet, just a crypto currency which is losing more and more of its value (which not only hurts current stake holders but also makes it less attractive for potential new investors).

    I wrote "for now" I like the idea of burning STEEM, because I think that at least at the moment inflation, the fact that Steemit, Inc. is selling lots of STEEM and other reasons are causing an already long-lasting price decline pressure.