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RE: Why There Is No Such Thing As "Draining The Reward Pool"

in #steemit8 years ago

When you factor in compound interest

I think you might be wrong here. the "interest" is not compounding. because the rate of inflation is declining.

That is to say, the 21,883,141 STEEM is fixed amount, but a progressively smaller percentage of the money supply.

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That's a good point. I haven't done the math to see if the rate at which the inflation is decreased is <, >, or = to the rate at which new STEEM is generated. It would be an interesting thing to know!