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RE: The good, the bad and the ugly
First sentence it's money, third sentence you don't like to spend it. What is it now? ;)
To be money it first would have to be commonly accepted. Bitcoin has issues with that, it would be a lot more difficult for steem to get there. As a utility token fueling the blockchain it could have a real use case though, which could give it value. It already has that actually, but the high inflation gets in the way of the value rising.
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