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RE: My Steem Power Position Earns More Than the Minimum Wage
More than a billion people on the planet has internet. Plenty of space to grow.
More than a billion people on the planet has internet. Plenty of space to grow.
ya it will continue to grow, but will he be able to maintain $20/hr all the way through the growth. i would guess no, but have no idea.
If 1 Steem becomes $20? Then people with Steem Power such as the thread poster will be set to retire. And $20 is a very reasonable price for something like Steem over the next year or two.
The higher the market cap the better off Steem Power holders are. If they can retire or not will seem to depend on the strength of the market cap which seems to depend on demand for Steem which would seem to increase when network size increases. If we have 500,000 people by the end of this year then $20 becomes reasonable.
This is all without the referral program which could speed it up even more.
Uhhh and were does all the money come from to pay these people for their content contributions?
speculators on exchanges maybe ?