RE: If I Was Still On Hive

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If I Was Still On Hive

in blurt •  2 years ago 

i'm so glad you asked that

the almighty "reward-pool" is comprised of new tokens, created out of thin air

in monetary terms, this is called "inflation"

and "inflation" steals money from SAVERS by diluting AVAILABLE SUPPLY (aka "increasing liquidity")

this drives the value of the token down

in other words, the almighty "reward-pool" is STEALING MONEY FROM SAVERS


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  ·  2 years ago  ·  

Nope. Even the white paper details how this is false by pointing out how inflation does not correlate to increased supply of dollars. Do you think our current inflation is because of the $1000 Covid checks or the increasing cost of energy? Which one you think correlates best?

  ·  2 years ago  ·