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@practicalthought
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2 min read

So for everyone saying we need to reduce inflation so investors want to come here... they are completely misunderstanding the entire economy.

Many do seem to not understand it or more would stake up and maybe even invest. I'm a little more understanding on the investing part as it is complicated for many of us with little crypto background to jump through the growing hoops. However, if you can jump through them to cash out then there should be fewer complications in reversing this action.

Also (side point here) according to Hivestats, last week my (apr) curation on my stake was 10.8%. And I often vote posts that are not heavily curated, often many hours after posted as I don't use one of those voting bots to snipe best position. This post is an example. Its already valued over 10.00 when I voted. Yet, DESPITE this way of conduct, I still am almost 11%. I've had it as high as 12% using these not so efficient methods of conduct, as I don't feel I want someone on an autovote.

My stake interest to stop my vests from falling due to inflation is about .4 of a Hive per DAY. Per Day. Now that might not sound like much to wealthy holders, but that's 2.8 Hive growth (NOT VESTS) per week. Or, 12 Hive per 30 days. Or 146 Hive in a year. For leaving it parked. And as long as I just let my account grow without sending it out, this will only grow as far as adding curation rewards along with whatever author rewards I may get.

I will admit I bought a good half of my stake. I'm not a prolific writer like many here, and that's ok. I see many who brag for some reason they've never put a penny in (some with sizable holdings) and I never get the bragging on that either. It's like saying they don't believe in this enough to put a dime in. As I quoted from you above, they seem to misunderstand the entire economy. I think if more got the math behind this (especially thinking of this in terms of vests in relation to Hive as opposed to USD) Hive would see a demand unlike other projects.

Inflation doesn't have to be a bad thing (although that early super inflation Hive had to solidify the early miners was insane). A lot of it depends on at what point those who see it, want to benefit from it will soak up more than is being flooded onto the markets. People can say its all Bitcoins fault too, but if people want a project enough, it will shed its Bitcoin dependency.