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RE: Was the Launch of Steem a Scam or the Only Legal Way? - Thoughts on Steem by Charlie Shrem a Week Later

in #steem8 years ago

Sorry @tarantulaz is more correct on that point in the present environment. People want to cash out their rewards and you can see this easily in the steady stream of coins flowing from authors to exchanges on the blockchain. Only if someone wants to buy in will the tokens be able to retain a value.

In a fantasy land where reward-earners are happy to stay within the system and enjoy their larger share of the Steem pie, buyers wouldn't be needed, but that won't happen for a long time, if ever.