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RE: I didn't think of it like this.
That's the right way to think about it. I read that post earlier too and the numbers shocked me. Imagine if we had a million active users and most of that steem was powered up. Anybody trying to buy on the markets would have to pay well for it. Combine that with the new SMT's that will be paired and you have more pressure on the coin. Nothing is certain of course but I like the odds.
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On top of that factor in that the only way to create Resource Credits is through Steem Power and then RCs are a non-voting economic instrument too that provides bandwidth and account creation capabilities as well as the potential to create artefacts for in game processes. Will be interesting ;)
You have always said that RC's will become more and more important as you could still keep the value of your vote and maybe delegate or lease RC's at some point.
Yep, I think that is the long term goal of them as they will be able to provide access to a lot of secondary tools also. Going to be a lot of fun times ahead once it comes together.
It's going to be a fun couple of years ahead. Development is really ramping up and if we can get a few wins then other people will start to look at what we have here with more interest. Success breeds success.
Once the basics are there it about getting the people to follow and if we get them involved in the community I would hope to see them stay and be part of all this. We aren't ready for mass adoption yet but we are getting closer to removing the barriers to entry that are there right now.
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I agree completely with this, there is still so much to work out and while people worry about the future of collecting Steem, it won't matter with SMTs.