You are viewing a single comment's thread from:
RE: Vlog #56: Steem thoughts, logo development, monetizing the blockchain.
Good reasons for being blockchain enthusiast, but could you explain this -
"3. Steem tokens are rare. And will become rarer in the future"
As I understand as steemit grows, more tolkens are generated. Why should steem become rarer in the future?
Thank you.
There are more tokens being generated everyday. However, the user base keeps growing. I believe it will be harder over time to earn the newly produced tokens as number of active users increases. From what I read before, it was easier to earn them before when there were fewer users.
Thanks, I got it.
Your welcome :)
The inflation of new Steem tokens is 9.5% (per year) at the moment. But this will go down every year. So less and less new Steem tokens each year. Plus like @rockjon mentioned. When you have more users active trying to earn tokens it will be harder to get.