Since HF19 I can upvote 10 times a day at 100% and maintain 100% Voting Power. This gives out a good $3 or more per upvote with my 3000 Steem Power.
This equates to more than $30 a day and so 1% inflation of my investment. Has the HF19 resorted back to hyperinflation that was in the Steem model a few hardforks back in around November or December.
I remember at the time that the inflation caused the price to crash to $0.07. Are we to look forward to hyperinflation again ( I think anything over 25% a year fits the definition).
Am I missing something here? I have only seen people loving the new HF19 and I too had been hoping for a linear reward curve for many months.
The day we got it I was instantly surprised by how much my upvote was worth. I can't believe we are still only at the 9% rate of inflation comparable to bitcoin.
If this is once again a hyperinflationary currency, is the Steem price going to decline again? I can only think it will.