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RE: ONE WEEK SINCE HF20 - did things get any better on Steemit?

in #steemit • 6 years ago

One question @davidke20.

Does creating account burn STEEM? So far I knew that STEEM is being burned only once you choose to promote some post. But it seem that noone uses that feature.

Burning STEEM would shorten a supply on the market, which could help to maintain stable price.

6 years ago in #steemit by
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     6 years ago  

    Exactly. I created two accounts few days ago. The cost is about 4SBD. After burning it left with 0.6steem in the new account. So, in a way yes it become more expansive and of course more responsible for people who ask for an account.

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       6 years ago  

      Is creating free accounts also possible? Or is it possible to pay with anything but crypto?

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         6 years ago  

        Yes, can still create free account via the sign up facilities. Free is free because someone already paid for it(namely the witnesses) without our knowledge.

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