RE: Will my coin moon? — pre-flight checks
Thanks for sharing your thoughts. Food for thought.
So I do have some questions ;).
you mention the steemit shop. I had a short look at the shop and I see prices like $7 for a mug. I assume those are steem based dollars? Or USD?
If USD, then the shop is not a good reference. If it's SBD and we have to pay $7, this would mean about 200USD for a mug. Hm...
I'm struggling with this 'value' thing. I do believe in the concept of users being rewarded for their content (and I happily upvoted for the effort you put to write this article... though my 0,00x SBD won't make a lot of difference ;) ). Though: what is the actual value? Would someone pay >10SBD (30 or more USD) for this article? How should I look at this value?
In a way, it makes me feel we're not there yet. Something is missing with the interpretation of the value of crypto currencies.
They're not real currencies yet. Or the community should become a lot bigger, more services and products that can be bought in this 'system'. Such that you don't have to go back to USD anymore (only for entering the system maybe).
Maybe more currencies should go together as one (thinking about eg golem that is a reward for offering CPU-time).
Correct me though. I'm open for learning and getting more insight.