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now that's crazy talk it is inflationary that's fact but saying it has no value is wild

tell me what value it holds?

why? explain to me how it has a value more than someone else buying it from you?

which is very ponzi ish

Well it's true, but without it nothing would work.

LeoDex would still work and generate revenue for Leo holders.
So not true. plus you could use the steem infrastructure if you really needed to.
or fork it.