Last days gave us positive vibes due to optimism on BTC market, we even saw some big orders for Hive so its rate to BTC go high up:
But, in my opinion, we should`t stop our work to lower HIVE inflation. Inflation is still a problem, and this temporary improvement of our token rate is not changing our system which produce high inflation. It is not always bad thing, we should produce more, and more tokens, but it should go with adequate rise of value of the chain. I believe that at least for now our inflation is higher than the growth of the value of our front-ends, apps, blogs, etc. So we should burn some of the tokens we produce. What is more, i think, that if we will establish here community of ppl who wants to make Hive token stronger, even if our work will cost us some private time, and temporarily lower profits, we will at the end encourage investors, and more ppl to join HIVE. I also hope that our community will at some point be strong enough to implement more changes to the Hive economy and do everything we can to make this promising Chain the best place on the Internet and our tokens the most desired by everyone.
With this perspective, I'd like to announce that** I've decided not to use the HBD earned here towards the Top Burner of the Month award** (especially since we only collected very small amount of HBD, so giving such award seems pointless). New plan is to make one in a month informative post about idea and profits from voting on burning posts. I will try to post it at in different national tags, or communities adding AI generated native translations. I hope it will expand of the range of this posts. Firs one will be published in the middle of the October, and we will see how this works. It also connect to poll i made few days ago, and most answers on my question why people do not vote on burning posts was because they dont know about it. So lets change it! I hope I can count on all of You!
**
To boost this idea i want to change ratio to 90% for null, 10% for deflation account. I will not insist on such a proportion, the most important thing for me is that we achieve our goals more and more effectively. If some of you think this is bad idea please let me know and lets think, and talk how to do our work in most efficient way!**
