RE: D

[blockurator]

Great post. I like beer. There should be more posts on it. Just curious, don't you think so many tokens takes attention away from STEEM and devalues the currency?

Comments

[abitcoinskeptic]

There should definitely be more posts on beer. Hopefully, the token encourages it.
I agree tokens take away from the value of steem, but we need to analyze the effect of each token individually.

• The general tokens (can tag anything) compete and are just plain bad for the price of Steem. I see these as a protest or potential spin off like BCH vs BTC.
• The creative tokens have a balance between artist and curator, curator is essentially paying and artist is draining value. However, if content is good it will attract users. I see this as neutral.
• The game tokens or tribes with niche tags attract users and are in general neutral. Don't confuse these with very general tags like 'life' or 'blog' those are more draining.
• The purely fun tokens add to steem. I see beer as this. Beer isn't really an investment, it's a tipping mechanism similar to tipu except it is also a niche tribe. Abusing the beer token will appear extremely obvious and the single purpose is to tip beers.