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RE: Peak Steem

in #steem7 years ago

I always get a kick out of these projections, as if Bitcoin could possibly live long enough to see the days where the block reward is reduced to zero.

I think it's a bit rash to assume inflation rates aren't going to get changed. If the community wills it, it will happen.

Still, I appreciate the analysis. I forgot that even though the inflation percentage is going down... we are still creating more inflation because inflation is being created by inflation. Compounding inflation is a helluva thing.

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If the community wills it, it will happen.

Sure, that could happen. After all, Steem had 100% inflation before it was dropped to 9.5%