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RE: Steem's Economic Model - Thoughts on Profits and Sustainability

in #steem • 6 years ago

Not using Steem and just sitting on it is the game of a fool. Like having 1 million Steem sitting on an exchange. There mere thought hurts imagining the opportunity costs.

SMTs will be the element that make Steem interesting to non-Steemians.

Thanks for the Scrooge McDuck analogy, by the way. He earned his first million digging for gold himself but he became a billionaire by lending money to people for buying nitro and shovels.

6 years ago in #steem by
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     6 years ago  

    Thanks for the Scrooge McDuck analogy, by the way. He earned his first million digging for gold himself but he became a billionaire by lending money to people for buying nitro and shovels.

    hahahah I love that one...

    There mere thought hurts imagining the opportunity costs.

    I'm not a trader, I learned enough to know how to read the charts, but I've come to realize it's not for me. I rather make my steem work for me just like you. Then, when I've built up enough fortitude, I can pluck a feather or two and it won't kill the chicken.

    Cheers Mate

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       6 years ago  

      I am glad you wrote chicken and not Duck. ;)

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