Steem will be an infrastructure token, there is no other way around it. SMT's will be utility tokens paired against steem, this means SMT like SBD will act like a hedge.
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Steem will be an infrastructure token, there is no other way around it. SMT's will be utility tokens paired against steem, this means SMT like SBD will act like a hedge.
Ofcourse only when those new kids on the block are wise enough to use the possibility to create a vesting fund.