Investors buy steem and hold it. That is where the value is. Then its used for transactions which creates deflation which increases value. Steemit should not be sucking the value out of steem. Its not how currency works. Investors invest, then steemit takes the inflation and hands it out for posts, its then cashed out and devalued. The only thing which will save steem is that 100% of the inflation go to investors who will hold it as steem power. Steemit should be for community and communication. Steemit has advertisers now , why not content creators? If they have good content advertisers will follow. Steem will not survive the next bitcoin drop. There are no more investors left to invest in steem. Steemit has scared them all away! Steem will pay the price!
RE: Haejin has gone for downvoting rampage