Can help me understand why people believe it is a good idea to Burn the Steem?
The best guess I can make is that you believe it will help keep the value of Steem higher.
For any currency to have value, its needs to be held by many people. Steem is seen as desirable and we have thousands and thousands of people here who find it very difficult to accumulate Steem. So why not just give them some!!!!!
I guess that in the USA the prevalent thinking is to keep as much of a given population in abject poverty as possible. This thinking seems to be widespread on Steemit as well.
So why don't we let the content police have a permanent holiday and start distributing that Steem to the smaller accounts so they can earn some curation rewards.
We could even set up accounts that reward real world actions and develop some real positive social change around the world.
Look at what is happening in Detroit, its really poor and there are also some good things going on. Why not pump Steem into community organizers there so they can distribute Steem in their communities for doing local activities.
Why Burn it when you can make a huge difference in peoples real lives?
RE: Upcoming changes to MinnowBooster - 🔥 BURN PROMOTION SERVICE! 🔥