Good morning @dses and everyone else reading my comment

	I brought some of you to this publication, simply because I wanted to know your opinion on discussed topic and I'm wondering if you agree with mine.

Burning is something trendy right now. And I'm fully aware that many people consider burning tokens as a way of bringing value (by reducing inflation) to token and somehow it supposely (by magic) should increase price of such a token.

In theory maybe that explanation make some sense, however this believe is fundamentally flawed.

Behind selling pressure are always those users/investors who care about profiting/cashing out their rewards. Those people obviously will not burn their tokens. Why would they.

The very only group of users promoting idea of burning part of their rewards are the same ones (believers), who would otherwise most likely power up those tokens.

So let's ask ourselfs a question: does it change ANYTHING at all if part of newly received STEEM would be burned or powered up? Not really. Impact would be close to non-existing. Plus it wouldn't create new demand for STEEM/PAL/LEO etc.

The only reasonable way of burning tokens is by creating some ulitily that has a value (existing example: promoting post to trending page on PALnet/SteemLeo) and burning tokens. That would make sense.

To illustrate what I mean, I would use steemword.org as an example:
it's very useful took, and if monthly membership would be introduced, which would require buying 10 steem and burning them (sending to @null) then it would both: reduce REAL inflation and also bring demand for STEEM token.

Yours, Piotr