RE: Properly Decentralising Steem & Cutting Costs by Witnesses running their own Servers & APIs

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Properly Decentralising Steem & Cutting Costs by Witnesses running their own Servers & APIs

in steem •  6 years ago 

@apshamilton, thanks for an interesting analysis! :)

however it seems like somewhat contradictory to focus mostly or only on the technical solutions, which focus only on Cost price - while expecting that it would help the increase of Sell price. or am I missing something?
(further elaborated here in my post, inspired by things discussed in this post)

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Basic budgeting. If you spend more than you earn you go under. Earnings are down so costs have to come down too. Also, when huge infrastructure costs are funded by selling Steem, like Steemit Inc have been doing, it drives down the Steem price making things even worse.

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