SMTs at first glance seemed to me not to be that big of a deal for STEEM or Steemit, in that those tokens are not designed for operation within Steemit, and so I failed to see how it tied value into Steem itself. Only recently did I see, thanks to @jerrybanfield and yourself, that their SMTs would be traded against Steem, to make those tokens liquid, and that creates demand for Steem as a gateway to fiat.
Very cool, very exciting, wish I didnt piss away 600 steem a few months back, trying to swing trade. Oh well, still very happy to have, what I do have.