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RE: Assume a can opener -- A critique of the snowflake plan

in #steem8 years ago

How is that impossible? Most users will want to build up their power especially if they see significant gain in their influence.

So lets say you want to build up your power. You decide to buy some steem. In order for you to buy that steem, someone has to sell it to you.

That is your transaction. 1 buyer. 1 seller. Not more buyers than sellers. The same number of buyers and sellers.

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Less sellers than buyers = price going up

The number of buyers and sellers is never the same, that's what creates the market price !
According to your theory the price would be flat.