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RE: STEEMIT: I am pleased to announce that yesterday saw a spike in New User Accounts registered on STEEMIT at no less than 1,172..!!
Great work! Would love to see a piece from you regarding the crypto bubble and where you see Bitcoin and altcoins going in the near future. :)
Thanks Josh. I would be happy to do a piece with you in the next few weeks about where I see the future of Capital Markets. In the meantime, something to think about. In the future, the old, antiquated, archaic and outdated methodology of valuing Capital Markets with Shares and Equities will be replaced by Cryptocurrency. I am stunned that even today people still value Companies using Fiat Currencies which are in essence a DEBT INSTRUMENT..!! The mind simply boggles. To give a real true value and I mean a REAL TRUE VALUE you can only measure value if what you are using to measure value is FREE OF DEBT & LIABILITY. Without this it is a total garbage Valuation. Take Facebook for instance, if you trying to establish a valuation based on the $USD it could really be anything between -$100 trillion to +$100 trillion..!! You see where this is going. However, STEEM is totally different it has no DEBT and is free from LIABILITY and this is a MASSIVE, MASSIVE, MASSIVE BIG DIFFERENCE. Keep up the great work Josh and would love to continue this subject over skype in a few weeks. Have a great weekend. Stephen