You are viewing a single comment's thread from:

RE: Cryptoeconomics: A Brief Discussion

in #money6 years ago

Yup this is a valid point. That's because as it is right now, the dollar is far more useful than any cryptocurrency. Yes, this is due almost entirely to the fact that it is simply accepted more places, but that is a valid reason. People should be looking at the dollar value of these tokens because the dollar is really the currency (or token) of the global economy. I also think this is why the intent behind the Steem Dollar was a good one. It acknowledges the importance of the dollar in people's minds. Just as it is unwise to frame your entire business in terms of fighting the USD, it is also unwise to ignore it. Thanks for the thoughtful comment!