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RE: Steem 2020 - Reducing Inflation To Less Than 2% APR

in #steem • 6 years ago (edited)

With respect, I don't think you understood the point I was making with this post. Removing inflation for authors & curators, will remove anything upvote related. With SMTs, there is no real need for Steem to have inflation; besides rewarding stakeholders & witnesses.

Essentially, Steem could become the fuel and base currency for SMTs.

6 years ago in #steem by
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         6 years ago 

        I agree with the last sentence, but how can STEEM "fuel" SMTs if the gas station is empty?

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               6 years ago 

              What do you mean with the gas station is empty?

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                     6 years ago 

                    Fairly simple analogy: where will new tokens get their value in your new model? When there are no gas stations will admins have to negotiate with the hoarders? Sounds like a bank loan.

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                           6 years ago 

                          Too early. Scot is not good enough, we need the real SMTs.

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