Where do you see the value of Steem? And where is the value of any token on the network?

in #crypto5 years ago


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Hello,

There is currently a flood of new tokens on the Steem Blockchain. Anyone with a bit of liquid Steem can create these tokens.

This time I thought about the value of these tokens. What is their value and why do they have one?

Why does Steem have value and what makes it worth?

I will not answer now because I want to see what others think. I could write about speed, fees, blockchain technology here, but for many it would not make sense.

I will try to reward the best answers.

And the questions are: Why does Steem have value for you? Why do tokens have value on the Steem Blockchain? And how can you increase this value?

t Hallo,

es gibt gerade eine Überschwemmung an neue Tokens auf der Steem Blockchain. Jeder der ein bisschen liquide Steem hat, kann diese Tokens erstellen.

Dieses mal habe ich nachgedacht über den Wert dieser Tokens. Was ist ihr Wert und warum haben die einen?

Warum hat Steem ein Wert und was macht den aus?

Ich werde jetzt keine Antwort geben weil ich möchte hier sehen was andere denken. Ich konnte hier über Geschwindigkeit, Gebühren, Blockchain Technologie schreiben aber für viele würde es kein Sinn machen.

Ich werde versuchen die besten Antworten zu belohnen.

Und hier die Fragen: Warum hat Steem für euch ein Wert? Warum haben Tokens auf der Steem Blockchain ein Wert? Und wie kann man dieses Wert erhöhen?




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STEEM has value because people buy it, and they buy it because it has value. This is the virtous circle of all crypto tokens... if nobody buys, the value is zero. If the value is zero, nobody will buy it

If you get an airdrop where you can't buy them, how would you value the tokens?

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They have value as much as people believe they can find a buyer for them (in present time or in future).

Take it to the extreme and think about gold. Why has gold intrinsic value? Because people believe that others would want to have it. The price is given by how big the wish is get more metal versus the wish get rid of it. You may not trade a dime (like in some communist countries that made gold illegal), and it still keep its value (even earned value on the markets where it was not tradeble). Because the believe is that there will be buyers for it.

Posted using Partiko Android

STEEM has Value for me because of the use Cases such as Steemmonsters Where I can Acquire Limited Quantity of Cards that have use case value. Other Tokens such as PAL have Value because there will be Far Less Tokens Outstanding than STEEM Tokens and it looks like PAL will Have many more uses than STEEM. I could go On but I want to see what other people say too...........

Thank you. The steemmonster example is a very good one.

Posted using Partiko Android

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