Thoughts about steemit as cryptocurrency
Hello! my name is Danny and i want to tell everyone here
what do i think about steemit as a cryptocurrency coin.
This social media is a great idea for everyone to share their ideas, tutorials, thoughts about anything, sharing with other people or just to earn money.
in my opinion the value of this currency will raise, because when it gets to max supply there's no more coins that can be made and people will need more coins, so the only way is to make the price higher, lets say 100 coins worth 100 dollars
those 100 coins are max supply of the currency so if people want more of it they decide each coin will worth more and 100 coins now will be 200 dollars so now 50 coins doing the job that 100 coins did before, you probably got the principal so yea.
The idea itself of the cryptocurrency is very good and will attract more people later cause now its just beta and already at 16th
place on the coinmarketcap.com ranking which is very good!.
If more people get used to it so it can get popular like instagram or any other social media that is very popular right now and switch it, because here you can make money for posting your stories.
i hope you enjoyed it!
have a nice day!
upvote if liked it and comment you opinion.
picture of steemit taken from steemit.com
i am bran new to Steemit and my first day has been great.. look forward to the future..
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