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RE: STEEM Community Tokens
STEEM would be the base token layer - it's required to hold some amount of Steem Power to transact freely - or a fee must be paid. Boiling the economics down, Steem as bandwidth allowance begins to look similar to Eth's gas but with more ease of use.
Yeah that's how steem account are created but this is not real demand it's a one off thing, it's basically buying a phone not the top up card.
What is the demand for steem going to be in the future when everyone uses comic coin power, news coin power, sports coin power,etc.. what uses cases for steem will be left?
If these tokens were only exchangeable for steem then steem would be sort of the backing/reserve currency of all these community coins and as such would be very valuable but people are going to buy and sell them with bitcoin because bitcoin is the reserve currency. Steem would just become an enabler with no value.