Yeah, no one has been able to answer. And I’ve asked a few times.
All I know is SMTs will solve all of world’s problems. I just don’t know how.
”I have cancer.”
”Don’t worry, bro. SMTs are coming.”
”There’s a nuclear bomb set to go off two miles from here in about five minutes.”
”Don’t worry about it, dude. SMTS.”
”Oprah just became President!”
”Yeah, that’s pretty bad, but wait ’till SMTs!”
Yeah, you kinda have a good part of the picture there.
"I've got hemorrhoids..."
"Don't worry, there's an SMT for that!"
Some people got quite upset with me a few months back for suggesting that Ned would love to "Tokenize the tokens" if only he could figure out a way how to...
I'm totally prepared to eat crow on this a year from now, but I just can't help but see a giant clusterfuck. Zimbawean dollars, ver. 2.0.
SMTs will solve stuff. Since people need a form of Token to trade value. And with Steem working as electricity with Steem Power it becomes hard for regular users to have any real influence on the platform. These new Tokens will give power to new users that doesn't rely on having a few thousand dollars invested.
So, it discourages investing in STEEM? How does that help the price?
We already have delegation discouraging actual investing.
Doesn't discourage investing. Since just by holding Steem you make more passive or by let's say delegation or sell votes. But yes it will make it so you can generate new value much faster for new people. Steem is needed for Bandwidth on the Blockchain so it will always have value. We have enough abundance to both get an insanely high Steem price and have other Tokens at the same time that can work more in a liquid way. So it satisfies long term holding and quick micro transactions at the same time.
hahaha.