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.
Magic interwebz money?
I like spending sbd.
Steem, not so much.
No 30m usd pizza for me, thanks.
What happens to the folks that wanted to replace fiat?
![3HaJVw3AYyXBBQkN3tCkhE2EjPPNPEEY7rZsT4k8E4aPBLjjU4T3hN4b4jQMDrkJW4bFBpk6VQNnCRoCAGenVoSqZdSNHMeRKggeE7Y.png](https://images.hive.blog/768x0/https://cdn.steemitimages.com/DQmYFMpJxRn2LiGE8iLzdXQ71JxSQs4X7MbaER1QF7fUuMM/3HaJVw3AYyXBBQkN3tCkhE2EjPPNPEEY7rZsT4k8E4aPBLjjU4T3hN4b4jQMDrkJW4bFBpk6VQNnCRoCAGenVoSqZdSNHMeRKggeE7Y.png)
Don't kill Batman!
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.