On this video, I talk about the inflation rate on the steem blockchain and I believe is important to be aware of it.
A discussion I had about it: https://steemit.com/steem/@tarazkp/building-steem-and-the-growing-long-tail#@gtg/re-chesatochi-re-tarazkp-re-chesatochi-chesatochi-re-tarazkp-building-steem-and-the-growing-long-tail-20190404t204453794z
Site to monitor the actual inflation rate: https://steemdb.com/
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Encourage me and joins those dapps under my affiliate link:
Steem Ninja - Purchase an account and steen delegation: https://account.steem.ninja?ref=chesatochi
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Check out my previous posts on my crypto blog
- Crypto Migration Toward a Decentralized World - https://chesatochi.com/migration-toward-decentralized-world/
- Receive Tip on the Lightning Network! Tippin DAPP - https://chesatochi.com/tippin-dapp-tip-lightning-network/
- The Nuclear Bear Market & 95% Of Coins Will Die! - https://chesatochi.com/the-nuclear-bear-market-95-of-coins-will-die/
- The Importance to Build a Strong Community for your Crypto Project - https://chesatochi.com/importance-build-strong-crypto-community/
- A Great Crypto Strategy to Generate a Sexy Income in 2019 - https://chesatochi.com/great-crypto-strategy-generate-sexy-income-2019/
- Liquidity Network a Blockchain Technology to Handle Millions of Users and Transactions - https://chesatochi.com/liquidity-network-blockchain-technology-handle-millions-users-transactions/
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Next Goals on Steem Blockchain
1. Reputation level 68 - Steem-Dragon
2. To become at least triple Whales
3. To increase my position to 10000 Steem Power
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I look at the positive side in that there is still plenty of Steem to capture from the reward pool if we actively and consistently engage!
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Unfortunately, high inflation dilute the actual value of the Steem you buy with your fiat money!
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Thanks for sharing this information it's worth knowing
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My pleasure and people need to know that a lot of Steem is created out of thin air every day!
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Oh yeah, we all need to go deeper and understand it. Thanks for your sharing.
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My pleasure, it is a topic that is hard to understand. In resume, the inflation rate will decrease in the next 20 years in the parameter set on the Steem blockchain.
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Seems the biggest problem is not enough participants to spread the inflation around. I mean 8% inflation is great if you have 8% or more growth. The problem is how do we get more users?
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