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RE: Steem Dollars have Limits

in #steemit8 years ago

It is a pitty that it seems that there have to be rules besides an open market. If we listen to our anarchists here (@larkenrose and @thedollarvigilante and some more) then the dollar, as it is (Fiatmoney) is kind of a worthless piece of paper. In my opinion Steemit should not make the link too close to a worthless currency. If there is demand in Steem, who cares how much people are willing to give in return? I´d prefer a content-based currency (even if strongly volatile) over any Fiatmoney at any time...
Just my two cents.

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It's just that Steem will not buy you a sandwich or an airplane ticket. Dollars will.