You are viewing a single comment's thread from:
RE: Newcomer Issue With STEEM Payouts: You Are Looking At It All Wrong: And An Example Of How STEEM Is Going To Create Incredible Wealth
$10,000 STEEM would be a $25T blockchain.
10 years from now when everything is on blockchain and they are worth a total of hundreds of trillions of dollars, perhaps you are right.
I think you mean a measly $2.5T, which looks fine when Bitcoin is about half of $1T this year alone and nobody I know uses it for real shit accept to purchase as a gateway crypto to buy Alt coins, Or, to buy kitties cause they are compelled by the cuteness to swap boring BTc to snail-pace Eth.
When Bitcoin hits $1 Millions so they claim can happen in 5 years, that's $100T, I can easily see Steem getting closer to a humble 2.5% of that....can't you @taskmaster4450?
Sorry havent had my first cup of coffee @dj123.
You are correct, a $2.5T blockchain it would be at $10,000.
Honestly, I do not discount any possibility since blockchain is the internet but 100 times stronger and revolutionary. People who think in the same mindset as they did before are going to under estimate all of this.
When you look at 90% of the world's commerce being on blockchain in 10 years, roughly $100T, what is the value of all blockchains? $250T? $400? $1QD?
The numbers get too big for the average person to think about.
Ah....so you do see the method in the madness.
one word to help solidify the analogy....torrent. Try stopping that....and that's just vanila peer2peer, and no Distributed Ledger Technology (DLT aka blockchain), no fancy crypto like DPOS, and definitely no break through like proof of brain revolution like Steem.
Yup the implications are pretty out there, won't say it's stronger than the Internet but more like it's going to become the next Internet. When browsers all goes directly into the blockchain and not just with plugins, but like the browser becomes a micro-witness in some future super delegated proof of stake (SDPOS), or we all wear enhance augment blockchain virtual reality devices to compete with everyday ai, then we're talking blockcain $QD..heh.
oh yeah...and initially most of these enhancement is going to be a form of Media (hell take cryptokitty, it's a game aka a media that's getting Eth's miners to choke and cough up hairballs) ....and what's our contracts called again...oh yeah SMT - Smart Media Token.
Steem is going to be huge....we won't recognize it from what it was when Steem was a young & preppy and a forgotten red-hair step child $1 token.
All said and done, I'm thankful for the proof of brain, at best there will still be some humanity in all this insanity ;D