What are these burn posts? Is this like a corruption scandal?
Burn Post - https://ecency.com/burnpost/@buildawhale/1770390602820147141
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Burned HIVE are removed from circulation forever, which means no one will be able to access the rewards that a Burn Post recieves.
In theory, the more HIVE rewards are burned, the less selling pressure will be on the token which in theory should increase HIVE's price or lower its drop.
Burned HIVE are removed from circulation forever, which means no one will be able to access the rewards that a Burn Post recieves.
In theory, the more HIVE rewards are burned, the less selling pressure will be on the token which in theory should increase HIVE's price or lower its drop.
This solution seems inelegant and somehow deceptive.
Why not donation to somebody a better alternative?