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RE: Steem 2020 - Reducing Inflation To Less Than 2% APR

in #steem6 years ago

I'm not overestimating. I'm actually fairly certain.

Then I'm assuming you have some data or analytics to back this up? Otherwise how could you claim certainty?

No. Remodeling the economic system is exactly what we need to do. If you're not willing to do that, I'm not sure you should take part in this discussion. Just because 5 guys 3-4 years ago designed the system as it is today (with a few changes over the years), shouldn't be a reason to keep the status quo. Clearly, just accepting things as they are didn't work out.

But it's an assumption that this is the reason it's not working out. I get that from your perspective, you think it's x thing, but if you talk to 10 different Steemians you'll get 10 different opinions on why they think things "haven't worked out". Again, if you have some solid data to back this up vs anecdotes or just your own opinion, that would be really good to throw into the conversation.

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Then I'm assuming you have some data or analytics to back this up? Otherwise how could you claim certainty?

Because when I take the cap of an investor, who primarily cares about his own ROI, then everything inflationary is primarily bad (of course exceptions exists). Instead, having an economic model, like BNB - where tokens are burned (up to 50% of the total supply); means that I'm more likely to make money, over the long-haul. And BNB seems to have been taken off quite well, didn't it? Of course it had more factors (as in binance being the; or at least one of the; biggest exchange(s).

But it's an assumption that this is the reason it's not working out. I get that from your perspective, you think it's x thing, but if you talk to 10 different Steemians you'll get 10 different opinions on why they think things "haven't worked out".

10 different Steemians can have 10 different opinions but doesn't mean that every opinion is valuable. Keep that in mind.

Again, if you have some solid data to back this up vs anecdotes or just your own opinion, that would be really good to throw into the conversation.

If you're so keen about data, then you should realize by now, that based on the historical data, the current incentives for people to hold Steem aren't good enough.