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RE: STEEM grows to $10 !!!! Valuation of steemit versus valuation of reddit
One question: While I do see the potential of steemit to catch on further, the FAQ states that steem is developed to hover at around 1 USD, hence the inflation target. So isn't 1 steem=10 USD prohibited by design, no matter the popularity?
That is from original white paper when inflation was 100% per year. With inflation reset to 9%, all the equations change.
Upvoted just for your name. I am in India at the moment waiting for a plant to startup and so we live the story line of Godot everyday.
ahaha, thanks a lot! :)