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RE: You can use Steem to pay for pretty much anything worldwide - but nobody does!

in #steemit8 years ago

Nobody should be holding Steem for purposes like this. It exists purely as an intermediary between Steem Power and other tokens. You might get some traction with Steem Dollars (the stable token), but even then it will probably take some time.

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Thank you for your insight! Maybe time will tell if people actually use Steem or SBD to pay for services.

You can perfectly pay with steem tokens for certain products. The inflation rate of steem token will eventually be just 0.19 percent, and the transaction fee is minimal. Maybe products with high money velocity.

0.19% per day (above 0.5% per day today).

yes. Today its higher, but its gradually declining.