To be damned, then this platform just have a specific growth range, it can not facilitate millions of customers, but just few hundred thousands.
You are viewing a single comment's thread from:
To be damned, then this platform just have a specific growth range, it can not facilitate millions of customers, but just few hundred thousands.
Oh it can. The value of the rewards is pegged to Steem. So the more valuable Steem the higher in Steem Dollars the rewards can be.
Steem was roughly $.20 3 Months ago and last week it was at $2 ( a 10x growth in value, so if we had the same set of rewards 3 months ago they would have been getting 1/10th of the reward than we are getting now. Likewise we would be looking at 10 or 100x more valuable rewards than now if the userbase of steem would be 10 to 100x from now.
You are right in another sense, but read all the comments and understand there is something we are missing, its not just steem price.....
That is not true. It is all about the STEEM price.
Because it stays the same and more people are joining steemit, the post-payout value is going down. But even with so many people you could see post-payout increase if the STEEM price would go up. :)
Yes. I agree to what you guys have said. Steem can definitely Scale.