So, it's nice that there's suddenly been a flurry of tokens with value dropped to Steem users.
Nice for us.
But, I do wonder if it's going to be a part of driving DOWN demand for Steem. If people are selling their steem for these tokens, which are just new money in the ecosystem, shouldn't that mean that the people who are essentially buying the steem for their free tokens have more to throw around, and could even wind up selling that steem in the long chain of events that leads to fiat?
Anyways. Money printing sure is funny!
EIP will let the rich get richer unless it leads more folks to abandoning the platform, which would make the poor and rich alike get poorer. Not sure who gets richer, then. That's a less-than-zero-sum game.
I guess I'm not afraid that'll happen overnight, so they've got time to wait and see the impact and make another change if this one goes the way I'm afraid it will. Will we recover, if that's the case? Dunno.
I don't mean to be all doom and gloom. Hooray for "free" money ("free" and real world economics don't coexist easily). Hopefully these platforms bring as much or more value to the chain than the overall steem costs of their tokens!
