I 'think' the SMTs will mean that steem can be used to back them regardless of whether more gets printed. The SMTs can grow in value and push the value of Steem up as they do so. I don't know... :D
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I 'think' the SMTs will mean that steem can be used to back them regardless of whether more gets printed. The SMTs can grow in value and push the value of Steem up as they do so. I don't know... :D
yeah if good communities spring up, I'm still wondering if it will be just echo chambers or if there will be more cross-pollination, so yeah that is one thing you can always do if steem gets topped, you can just buy some and create derivative tokens for some use case, it's a soft fork of a sort, hence why stinc is really trying to capitalise on that opportunity, less potential forks, more money gets escrowed, steem value increases, their "investment" pays off, dunno everybody wins :|
I'm still thinking about the possible benefits, sounds nice, but it's not a full smart contract, it's just having the options you have on steem, but handed out to you, rather than having to spend months to develop a platform and having it still tied to steem and it's development and politics ...