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RE: The Future Of Steem: This Is Why There Will Be Tens Of Millions Of Users
For new Steem tokens the only problem is real value.When I get sometging for free I want to sell this for real money. We get free tokens but where is the value ? Value is the most important thing for every coin or token. Yes Steem have excellent value and for Steem Holders this is awesome, for actifit etc main questions is how to bring real value to this token ? Excellent article , keep going with awesome posts.
you can use it as influence as well depending on the token. you can vote with it like with steem, dependinh on the parameters of the token. with the teardrops smt I am hoping to integrate that.I want to see testnet though first. there other ways to give coin value and one way is exploring outofthebox ways of distributing it. there can also be returns for vesting it too, like is the case with steem. I still believe it is possible to really love a token for the movement it represents. this is possible but a hardroute but very possible. to reward for proof of tears thus, there will be several "mining the human" activities, one such activity or art will be ulogging.
Steem is number one for me, keep going with good work
Or at least we should be able to shift any tokens into whatever token we prefer, and then, if we want, we can sell for fiat. These tokens on their own in their own ecosystem have very little use. I personally use the Lit app, which is like snapchat and pays you in Mithril to post, which you can then shift into ethereum.
Once SMT are released, all tokens using that protocol are tied to STEEM meaning you can swap into whatever you want.
Only real question is the value of coin or token. What I can do with coin-token.
I would think that the coin/token would only have value if you could swap it for whatever you want, like @taskmaster4450 mentioned, or if it allowed you to purchase or exchange for something of value with more ease than other tokens/coins.
Hello @Dobartim!
If you can answer how steem gets it's value then you already know the reason why these other tokens will excel. Given that there are unique instances involved for each.
On @Air-Clinic, we have an SMT known as Aircoin with which *we reward people for learning and talking about their health!. The tokens can be used to seek healthcare expert assistance when needed and also for purchasing medical products and third party services.
Value for us is determined by what the token can be used for. We are already working on alot of products by ourself to allow people to use the tokens they have earned to purchase something of value!
We have an Android app on !Google play store which you can check out! Our web application and ios is also coming pretty soon! SMTS WILL WORK!
LIVE HEALTHY, GET WEALTHY!🏥♨💙
Excellent work. Without real value and possibility to use this coin for real products or services, we don't have real value of coin. Steem have value in every app on steem blokchain like Steemit and steem power etc. Keep going with good work.
What about when Fiat becomes obsolete/completely devalued? I feel that we are,as crypto enthusiasts, and supporters of quality blockchain technology, creating a new ecosystem to use in place of the old one, which will eventually collapse.
Through all the research I have put together it shows me that when the next economic collapse happens, its going to happen rapidly, and markets are currently showing evidence of a major correction is imminent.
Then wouldn't all of these coins have significant value?
For instance, when a major correction happens like the last one in 2008, people scramble to find the most secure place to store their value/currency, back then it was in your safe or under your bed, now its cryptocurrency. The next time we see a major economic correction, people are going to scramble into crypto to store their value. This will cause the value of those cryptocurrencies to skyrocket, then those people are going to want to spend their highly valuable coins on things like they normally would, but if the value of fiat disappears no one will want to throw it away. They will then decide to spend it on one of the many platforms that will be getting developed, helping develop better quality coins/ecosystems, and especially if it is working better than the system they were using before, because inherently we all know the current one isn't working.
This is why I believe that his estimation is actually being modest, think about the amount of industries in business right now, then multiply that by all of the possible users of each industry and that will give you the estimated total users of steemit in this proposed future.