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This is a reply to: Calling the peak. Expected daily STEEM production probably peaked about 2 months ago

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remlaps-lite
76
10 months ago

I was wondering that, too, but I don't really have an opinion. 😉

And of course, there's still a lot of room for things to deviate from that model. I suspect that the witnesses will eventually decide to start issuing SBD interest, which would tend to drive the virtual supply (and therefore daily production) up. I'm also not sure if that's good or bad.

If our delegation bot users could get interest by saving SBDs, maybe some of them would prefer that over daily posting. But of course in that case, the trade off for less spam is higher inflation. OTOH, stakeholders who depend on income from delegation bot users might oppose that strategy, so maybe the witnesses who pursue SBD interest would get unvoted. Lots of question marks...

With the change in direction, the only thing I'm fairly confident about is that the behavioral dynamics in the next 8 years are likely to be somewhat different from the first 8.

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