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     7 years ago 

    Lmfao! Same here 😀

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     7 years ago 

    well... I guess economic "science" is more about faith than facts anyways. :P

    If I could get you to at least try and wrap your mind around this platform as an economic system of it's own nature, just a little bit, I'll already have accomplished something ;)

    [-]
     7 years ago (edited)

    Yeah, don't worry, I used to work in IT, I have been here since 2016, and still I get confused about how this place works at times.

    If you have any questions in particular, feel free to ask me anything ;)

    I'll give you a TL;DR:

    • The rewards have adjusted automatically to make less new SBD available because there is too much already, according to steem's built-in economic rules.
    • These built-in rules all operate under the assumption that SBD was correctly pegged to the value of 1 USD. This peg is not working correctly (as SBD is obviously above 1USD)
    • This may or may not be problematic - that's probably a question of economic ideology?!
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