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RE: Some thoughts and facts on STEEM

in #steem4 years ago

Dan Larimer being involved early on and his reputation.

This made me laugh :)

One question, will the inflation rate settle at 0.5? I thought it was 0.95. It is going to be interesting when we get there regardless.

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Oh, I had 0.5 in mind all the time, not 100% sure now actually, will try look it up.

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You were right:

The inflation will continue decreasing at this rate until it reaches 0.95%, after a period of approximately 20.5 years.

From the bluepaper, will edit it in! Thanks!

No worries. You could have claimed "typo" as well :)

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That's in theory. In reality inflation is structural and market driven at the same time, especially in the short term.

Yep, it is a bit out of whack because of SBD.

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Yeah I think SBD will have an effect on it as well.

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