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RE: Steem: Business As Usual On The Steem Blockchain

in #busy5 years ago

Steem is the best. I'm not worried at all.

It's easy for people to panic with SBD sub 85 cents. More and more SBD is going to be liquidated for Steem and further devalue the currency if the generic market doesn't swing back up.

Time and time again we see that Steem has some of the same volatility problems as Ethereum and the ICO scare. Too many dev teams were relying that their respective coins would maintain a certain value. Now these people know better and will play it safer in the future.

We don't even have our version of ERC-20 yet. This won't be the last time panic sets in. SMTs will usher in a new set of problems and solutions to the blockchain.

I never expected SMTs to come out on time. That's just not how the real world works. You can only trust an announcement like that if it's a couple months out, tops.

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