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RE: SPI Tokens are 100% backed by STEEM POWER and liquid like STEEM - Earn over 15% per year by HODLing
Deflation is always a good value driver, no matter how many tokens :)
Deflation is always a good value driver, no matter how many tokens :)
True, there is an estimate that I read about bitcoin, that said a likely number that have been lost is over a million... But wider adoption and use is also a driver of value. I am not for sure but once we reach a million we can open the discussion about additions and or subtractions at that time. Or I suppose if sales stalled out we could burn unsold tokens. I'm in the club so I have a say, but I have nowhere near a 'controlling interest'. I'm just speaking for myself here, and referencing what has been said in discussions before we organized everything. @ash, YOU should join us and input your knowledge to the members, anyone with a 72 rep has to know something about crypto in general and Steem specifically 👍❗ Big Playahs these days are at around the 5k SPI levels. 6K Steem will get in that group, but last I knew a 2500 SPI holding got the maximum vote value for club matters. I believe there are 5 at the 5k+ level, and around 8-10 at the 2500+ levels total. Another big holder would be a nice addition 💹
I only hold cents worth of SPI, I'm not really invested, but rather cheering from the side :)
12 steem = 10 SPI = Voting Member Level 😎
There is currently a buy back offer of 95% that has been in place from day 1. There is no plan to burn are inflate tokens at all.