Right so they need to stop hyperinflating steem. If anything they should temporarily stop production of new steem.
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Right so they need to stop hyperinflating steem. If anything they should temporarily stop production of new steem.
The production rate of steem is probably about right now, but SBD compounds upon itself and SBD increases steem supply when Steem price goes up. Too much SBD and it pushes Steem prices down always and forever. I think that it has been too high a proportion from a very early stage. I don't think the supply of SBD should be allowed to get much over 2% of total supply or Steem cannot grow.