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RE: Feedback on Dan's economic changes proposal: all good, but the 3 months power down of pre-beta stake is a giant blunder

in #steem8 years ago

Not a dumb question, but a necessary one. With all that powering down, where is the STEEM going to go. Don't there have to be buyers for it or will it just go into some big pot somewhere?

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that is what causes low prices. high supply

Coupled with lower demand. ;)