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RE: How can we make Steem sustainable in the long run?
If Steem reaches a total market cap of 1 billion dollars and then stay at that level, people would have to be willing to lose a total of 50 million dollars every year, because that is the amount of money that would be transferred from owners of Steem power to everyone else in the system. People will probably get some of the money back if they are also content creators, but there is no guarantee that they will get back more than the 5 % they would lose. Steem is created to eventually collapse. Please tell me why I'm wrong if that's the case.