Ok, I won't worry sir smithlabs! I've been asking around and no one seems to know the answer to this question: Does Steem have a finite number of coins or tokens? Because that's one of the things investors look at, there needs to be a fairly small number available, that's why bitcoin is so expensive.
RE: The US House of Representatives passes the most sweeping gun registration bill of the century!
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The US House of Representatives passes the most sweeping gun registration bill of the century!
The process limits the amount of steem, but it is Not finite. That is not a problem, because their stated target is one steem equal to one dollar. So it does not need to be rare, just limited.
Weku will follow the same process, being a clone.
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sir smithlabs! what is it limited to?
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Only a specific amount of SBD are released to help pay for postings. It is in the white paper where they define things.
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ok so that's good? I tried to read those while papers and it doesn't make sense to me. I need it spelled out in redneck language.
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Sorry, didn't mean to try to make you read!
Uncle Amos's still will only make a small amount of white lightning every week. He caint make enough to drive the price down, go figger. But he can make evough to be fun, LOL!
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talk about white lightning, you been drinkin again? because this makes no sense to me. lol.
who's Uncle Amos?
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Trying to translate to red neck White lightning equals SBD, and Uncle Amos equals Steemit....
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