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RE: What Happened to the Steem Price?

in #steem6 years ago

Steem itself doesn't need to be that stable. Steem is the equity token in this system, Steem Dollars are the money token. It may come to the point that Steem is stable enough to be money and Steem Dollars are redundant, but I wouldn't expect that to happen soon and it doesn't really need to.

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Sorry. yes I I meant Steem Dollars. I still believe that any crypto will find it difficult to be used for commerce if its price is so volatile.