You are viewing a single comment's thread from:
RE: Value Creation vs. Value Capture
The weakness of that model is that from the perspective of a purely selfish speculator/investor, it is a negative sum game and is bound to crash to extremely low levels if not zero unless it can provide a revenue stream to justify its value or unless there exists a group of extremely strong hands willing to hodl no matter what.
I think you're absolutely right. I wonder if SMTs will help attract new revenue streams to the STEEM ecosystem. I imagine that's what people are hoping, in any case.