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RE: Vlog #102: A concern about SMT's on the STEEM blockchain. **EDIT** Good answers in the comments.
- Yes. You can use BTC, obviously, if BTC is what you have, but first you have to convert in STEEM.
- Yes, the REDDIT token is an asset issued on top of the STEEM blockchain and it's traded in a REDDIT/STEEM pair.
At least that's my understanding from reading the first version of the white paper.
If STEEM becomes the main trading pair for any SMT on the Steem blockchain in the future that would be pretty major.
If they execute this one well, yes, it will be major.
the key point. execution, that's why i think the first video that ned did was really smart asking for people to go through the whitepaper and rip it to bit before they jump in with 2 feet. kinda smart, he needs to be vlogging each week from now on if you ask me even if it's just to give a few minute catchup.
Hehe yeah, find all the flaws, tell me how bad and wrong it is! Cause that's the only way to improve.