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RE: Why You Shouldn't Criticize Liquidity Monopolists: Liquidity Is More Important Than Spread - It Gives Steem Value!

in #money8 years ago

Great positivity, per your name :) I think you're right that newcomers may not understand the deeper implications of this platform, but will enticed by the ability to convert Steem to fiat. In the near future we hopefully won't need to convert to fiat anymore at all

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I honestly think fiat will probably always have more value. Though it may be blockchain based in the future. Simply because the majority of people, or so it would seem like the safety net of government interventionism.
The Ethereum calls for a hardfork I believe exemplifies this.

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