Viewing a response to: @techwizardry/re-davebrewer-re-techwizardry-re-scandinavianlife-are-you-kids-done-selling-btc-in-panic-or-should-i-wait-some-more-20170905t001931540z
Inflation rate on STEEMIT was changed in a recent HardFork from one value to another value, and could be changed again in the future to yet another value. And fiat inflation in USD has certainly been below 9% per year for well over 10 years. Perhaps the bigger difference is once the Central Banks that control fiat inflation lose control, it is hard and sometimes impossible to get the inflation genie back in the bottle.
| post_id | 11,973,883 |
|---|---|
| author | davebrewer |
| permlink | re-techwizardry-re-davebrewer-re-techwizardry-re-scandinavianlife-are-you-kids-done-selling-btc-in-panic-or-should-i-wait-some-more-20170905t022355337z |
| category | bitcoin |
| json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
| created | 2017-09-05 02:23:54 |
| last_update | 2017-09-05 02:23:54 |
| depth | 4 |
| children | 1 |
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| cashout_time | 1969-12-31 23:59:59 |
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| root_title | "Are you kids done selling BTC in panic, or should I wait some more?" |
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| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| techwizardry | 0 | 6,466,414,322 | 100% | ||
| davebrewer | 0 | 160,630,377,688 | 16% |
Precisely. They lost control of it a long time ago. The official inflation gauges like the CPI and all the other "official" gov. statistics are manipulated out the wazoo and don't reflect the REAL loss of purchasing power of the USD.
| post_id | 12,037,314 |
|---|---|
| author | techwizardry |
| permlink | re-davebrewer-re-techwizardry-re-davebrewer-re-techwizardry-re-scandinavianlife-are-you-kids-done-selling-btc-in-panic-or-should-i-wait-some-more-20170905t185401339z |
| category | bitcoin |
| json_metadata | "{"app": "steemit/0.1", "tags": ["bitcoin"]}" |
| created | 2017-09-05 18:53:48 |
| last_update | 2017-09-05 18:53:48 |
| depth | 5 |
| children | 0 |
| net_rshares | 289,544,308,327 |
| last_payout | 2017-09-12 18:53:48 |
| cashout_time | 1969-12-31 23:59:59 |
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| root_title | "Are you kids done selling BTC in panic, or should I wait some more?" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| gridcoinman | 0 | 289,544,308,327 | 100% |