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RE: TIL: Today I learned about the Steem White Paper (Detailed Post)

in #steemit8 years ago

Ah, yes indeed. I can understand your point clearly and I would have to say that I agree.
If you think about the way USD is though 1% hold 99% of the wealth in the USA, this causes most people to barely make it with their heads just barely bobbing above the surface, I can only imagine the suffering.

Here on Steemit, I feel that this is more of a "Test Run" but as we also see Bitcoins, being highly valued all over the world for their anonymity as well as their use in exchange for just about anything worldwide.

BTC is not backed by anything either yet, the uses it provides gives it real value.

Wow, very good points, and conversation thank you for this my friend.