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RE: Is Burning the Best Way to Save Steem from Inflation?

in #steemit5 years ago

In SportsTalkSocial they burn the Sports tokens you spend on promotion. That way the author of the post does not lose out. Whether such burning does help in curbing inflation depends on the number of new tokens being introduced into the system and number of tokens burned.

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Ah, that sounds interesting. I should take a look on that. Thanks @devaan fr the heads up!

You are welcome, @dses.

SportsTalkSocial is one of the better tribes on SteemEngine. They have a vibrant and helpful community. If you are into sports you should check it out.

Yes, I believe that after pairing up with Actifit it is now in a much better position as a tribe where more people ended up using that hashtag as part of the content creation.

The only thing is that because of that very reason many are also earning more and dumping at the same time that causes its value to decrease tremendously