When part of the supply is "burned" (taken out of circulation) the remaining lower supply now becomes more valuable all else (ie demand) being equal. This is beneficial to all Steem holders.
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When part of the supply is "burned" (taken out of circulation) the remaining lower supply now becomes more valuable all else (ie demand) being equal. This is beneficial to all Steem holders.
Steemit moves the decimal once every 3 years. This account looks almost like a pooled account. With promotion tips from multiple people without posting content, definitely looks suspicious.
Nevermind. I get it now. Good discussion.
Currency manipulation.....yeah, awesome. SMH