Great points! I think Steemit does have a chance to fill this niche... Now the question becomes... when will the currency become stable?
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Great points! I think Steemit does have a chance to fill this niche... Now the question becomes... when will the currency become stable?
I was thinking about this today. Steem Dollars have been reasonable stable. Hoovering around $0.90 for sometime now.
Pretty stable for a Cryptocurrency and for how young Steemit is. I believe this will only get more stable as we move forward..
So the price of steem dollars is what is more significant and not the actual price of steem?
Steem has been falling hard for 2 months... after skyrocketing for 2 weeks before that of course
I would say they are both significant, so in terms of Steem, you are absolutely correct. Probably should have elaborated more. My point was there is some stability in the system.
Would do certainly need a stable Steem currency as well.
Hopefully in the future we will..
Yea, I was asking cause I didn't really know myself... it seems the currency itself is what will need to stabilize right? That is what is actively traded and quoted on the exchanges...