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RE: 1 Bitcoin or 55,000 STEEM - and why? Response to @tarazkp's Question.

in #busy4 years ago

Hey! This is most interesting thoughts! You are light years ahead of me! I am still very sleepy and confused about the whole scene.

What do you think about SMT? Will this be very positive push?!

Hope your study is super too!

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I probably allocate way too much brain power into making sense of everything on the daily lol

But as far as SMT’s, as well as communities go, I think it’ll depend on where we are in the market cycle. Both initiatives will completely change how normal people will interact and earn on the Steem blockchain, but we won’t see it’s true potential until we attract developers and institutions to build on and invest Steem blockchain.

Features we don’t think about Much today like RC (resource credits) will be invaluable to those large entities to build and run applications on our blockchain which will result in more demand on the open market, as well as the delegation maket ;)

Immediate jump to the top 50 of Coin market cap, probably not, but we’ll have the infrastructure in place to get back over a dollar again imo lol

Thanks, knee deep in the books as we speak 😪

Thank you very much for explaining all this to me! Very interesting! I must say you should become a consultant!! You are really good at digesting all the intricacies about development of Steem!

Good luck with your study!
I am very confident that you’ll be very successful in your academic achievement and career!

All the best!

Just don’t work too hard!