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RE: 3Speak's STEEM Burn Initiative! #NewSteem

in #threespeak5 years ago

Hi @fredrikaa

I may be wrong, however burning is good to reduce supply (in our case it's reducing growth of supply). It doesn't affect value as long as there isn't more demand also being created.

Either someone stakes tokens or burn them - it will just not affect the price the way we like to think it does.

Cheers
Piotr