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RE: The future of steemit will include ads of some kind. Here is why.

in #steemit8 years ago

Inflation will be offset somewhat by lost passwords, lost wallets, and people who forget about it. And if the market cap goes up to $10 Billion like Twitter then we will still be at $10 per coin even once there are 1 billion coins in existance that's still over 150% upside from today's pricing and we only have just over 100 million coins as of right now so there's still lots of upside. I wonder if management might try and offset inflation by buying back coins similar to how company's buy back there own stock. And they could make it so you have to verify your account with a phone # so anyone that has more then 1 account that is cheating the system won't be able to access their extra fake accounts because you'll only be able to verify the phone # for 1 account so there could be a lot of lost coins. And you also need to factor in that 50% of all new coins curated are in Steem Power so even if they want to withdraw them today it will take 2 years to withdraw those coins.