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RE: STEEM 101_4: STEEM IS AN ECONOMY BEFORE IT IS A SOCIAL NETWORK!

in #steemit7 years ago

Awesome. Hopefully others will see the power of this blockchain in the coming year.

I keep telling everyone that STEEM is the reserve asset/currency of the ecosystem.

SMT's will be the stock/equity in the system.

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Yes, this will be the case exactly. It is similar to the relationship that BTC is the reserve asset for all altcoins. Similar idea!