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RE: Exploring Steem Scalability

in #steem6 years ago

You are missing the main point here. The more users onboard, the more investors onboard and the more 1 Steem will be worth.
With 200 million users you might only get 0.1 Steem per post, but if 1 Steem is worth 1000 dollars, you'll still get a decent reward.

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1000 dollars seems a bit to far fetched, more does not mean better.

I just took a huge value for the Steem value and a low value for the reward just to make a point.
The values are not supposed to be realistic.

I figured as much but yea, I am not dying steem is going to be amazing in the near future.

The work and reward some one gets on here is better than any coin out there.

Thank You for explaining👍
Steemit is growing by the minute, everyday.

You seem to be missing the point as well. More users does not mean more investors/value.

That's not entirely true, the more users there are the more interesting Steem becomes for investors. For sure, it also depends on target groups etc. But the more users there are, the more potential target groups there are as well.

Indeed. So it doesn't mean more value. It means there might be more value. That's not the same. It's not like selling cars where selling more means more profit. I didn't mean to drag this open. Just wanted to point out there is no one to one relation.

Of course not, and I'm pretty sure that people who post nothing of value will get way less than they get now, because their share will be smaller, but that people who post things of value will probably get more since the userbase is bigger which brings some sort of bigger investments with it, even if not 1:1 related.

SMT is a fix for this I assume, if Steemit Inc pulls it through, than community tokens and proof of brain will succeed.