Surely the price will not fall below zero! But if the MCap of Steem sinks unter a critial value, it could be that this portal must be shut down due to a lack of financial ressources.
Please don't forget it's a decentralised approach;
A big chunk of the underlying infrastrucutre is run and paid for by the witnesses / users.
Innovations come from the userbase.
So does marketing and promotion.
I don't know, but I would expect the costs of Steemit.com to not be too high.
Surely the price will not fall below zero! But if the MCap of Steem sinks unter a critial value, it could be that this portal must be shut down due to a lack of financial ressources.
financial ressources for what, exactly ?
employees. hosting costs. programming costs. internet link. infrastructure in general.
Please don't forget it's a decentralised approach;
A big chunk of the underlying infrastrucutre is run and paid for by the witnesses / users.
Innovations come from the userbase.
So does marketing and promotion.
I don't know, but I would expect the costs of Steemit.com to not be too high.
I am , but i guess i accept it that it we still dont reach the bottom....