RE: ALERT: Steemit Hard Fork 19 Active!

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ALERT: Steemit Hard Fork 19 Active!

in steemit •  8 years ago 

You bring up a great question, what will happen to the value of Steem going forward? @exyle had a very good and logical take on this today in his vlog. As more and more users flock to Steemit, it's going to make Steem much harder to come by. With a current 9.5% inflation rate, which will be slowly reducing year over year, the value of Steem should rise exponentially over time to accommodate the millions of users. Presently there should end up being only 600 million Steem tokens that will ever be in existence. This is great news for users who are here now and work hard to accumulate as much Steem Power as possible moving forward. Great video as always!

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Valid point! I agree that there is nothing but good news in days to come.

Very nice info, thanks.