Just a quick post that it is now official, the SBD print rate is zero which brings a new dynamic to some aspects of the platform for some people perhaps. This doesn't mean that there are no liquids printing of course, it is just that it is paid in Steem rather than SBD which means there will be more Steem on the market than normal but, not a great deal more considering there is:
Total amount of STEEM stored on all exchanges: 48,960,831 STEEM
source
However, it does mean that there is no new SBD being printed which means with a supply of only 15,698,674 SBD, there is potential for pumping I guess considering it wouldn't take much to get the ball rolling. I don't know about these things though so, don't make any decisions based on anything I say.
I think it is interesting to watch all of the little games play out here, even if I don't understand them. Kind of like watching Curling at the winter Olympics where they slide heavy stones down ice and broom in front of it, pretending it is a sport. You don't really need to understand all of the intricacies of something to be able to enjoy watching or, playing for that matter.
As Steem changes and more people come in, there are going to be less who are tech orientated and more who are enjoyment and consumer based. The content will change accordingly but, there will be growing spaces for all kinds of people with diverse interests to enjoy where they like. Knowing how one area works will become less important than it currently is.
For me, I enjoy attempting to learn little bits of information along the way as even if it doesn't really help me directly, I like to have an expanding picture of Steem and the connections between various aspects of the platform. It helps me understand where I am to some degree. I think that writing about it helps me build the picture too as people bring in new information to the comments and support or ask questions that adds depth.
There are a lot of things that go on here that give insight into a lot of other interesting things, like human behavior and, how they people react and respond in various situations. People are really interesting in my opinion. Well, some of them.
Anyway, as you will see the SBD tap has been shut off for the time being which means that... umm, who knows.
What are your predictions?
Taraz
[ a Steem original ]
Oh.. bedtime. will get to the comments in the morning.