You are viewing a single comment's thread from:
RE: Each Steemian can own 714 STEEM to their name TODAY, and then we have run out of coins!
Not even possible until the inflation is almost down to 0. i.e. Not for another 20 years.
Not even possible until the inflation is almost down to 0. i.e. Not for another 20 years.
You don't think there's any way that demand could ever beat the print-rate for 20 years?
Not as long as the print-rate is consistent. Why buy more when more will automatically be created the next day? It might get to $10, but not $1000.
Then how do you explain Dash, with an inflation of 13%/year?
Better marketing.
So it's possible.
I was joking.
Dash Coin is mined. Steem is not. Steem is created automatically.
Doesn't matter. Both coin emissions are set rates. Steem uses a set rate defined by code while Dash uses a set rate defined by code in conjunction with the hashrate and network difficulty.
There is no functional difference from the standpoint of new coins entering the economy.