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RE: The Future Of Steem: This Is Why There Will Be Tens Of Millions Of Users
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.