Thanks for your reply.
This answers the part regarding inflation. However, there is still something I do not get.
Can the market cap be expected to increase? And if so, why? Is there any intrinsic benefit to owning STEEM, except earning more STEEM?
RE: Why you SHOULDN'T INVEST into STEEM, this is so inflationary
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Why you SHOULDN'T INVEST into STEEM, this is so inflationary