RE: UPDATE: The Great Steemit Debate: Tone Vays vs @blakemiles84

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UPDATE: The Great Steemit Debate: Tone Vays vs @blakemiles84

in steemit •  8 years ago 

Are STEEM Power (VEST) disbursements partly funded by people buying STEEM Power?

If so, then the term ponzi can be applied.

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As I understand it, SP is highly inflational currence, so Vest rewards are funded by emission. I've read Whtepaper not very closely though.