Interesting topic. The cryptos are clearly in a bear market at present and I'm not keen on them. I hope Steemit still keeps going despite this. As the cryptos decrease inevitable there will reach a point where it is unprofitable for miners. Although as more drop out at some point it will become profitable again. Like all markets now - this one too is being manipulated. However, I think your point is central - going forward as confidence will be lost in fiat currency - will people turn to cryptos??? Is the technology ready???
Interesting topic. The cryptos are clearly in a bear market at present and I'm not keen on them. I hope Steemit still keeps going despite this. As the cryptos decrease inevitable there will reach a point where it is unprofitable for miners. Although as more drop out at some point it will become profitable again. Like all markets now - this one too is being manipulated. However, I think your point is central - going forward as confidence will be lost in fiat currency - will people turn to cryptos??? Is the technology ready???