When I started posting on Steem, both Steem and SBD were worth $1.00 USD. It was like that for quite a while, then it hit a top and then hit bottom again. Because of the bull and bear markets.
If the people working on the blockchain made it so only the whales got greater value, how would that encourage content creators? Steemit used to be a viable income source for me. And that was when I was still a Red Fish. I'm a Minnow, a delegator, halfway to Dolphin, but I don't see how when I do become a Dolphin how that will change. My upvote today is worth almost as little as it was when I first joined in June 2017. I don't Power Down, but I'm holding Steem that I don't intend on Powering Up so that I can cash it out, because it's my income.
I used to Power Up ALL my Steem. I used to only cash out SBD and sometimes buy Steem or other tokens and crypto currencies with SBD. What happened to those? WHY are we not getting SBD anymore?
RE: How viable is Steem as a currency as the Steem network must constantly create tokens to reward bloggers and enable votes (causing lots of inflation)?