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RE: Yet Another Look at Steem Economics - The Easy Way

in #steemit8 years ago

Great post! I love seeing more like this (which is why I gave away a bunch of money in the #bitcoinpizza challenge). You make a really good point about bitcoin not being the best way to convince outsiders, but I do think the bitcoin pizza (10k bitcoins worth a pizza now being worth over $6.5M does get people's attention). Again, great write up. I agree, speculation should be at the top of the list. I'm curious how much of the price has already been priced in.

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Thank you @lukestokes
True the Bitcoin pizza never fails to grab attention. But then again it isn't really an argument about the underlying fundamentals. Regarding Steem it is really difficult to make any predictions just because it is so vastly different from everything the cryptospace has ever seen. I guess we just have to enjoy the ride :)

Indeed! So many predictions are just silly because they can't possibly calculate the impact of a 2-year vested approach along with inflation and so much more. This thing is amazing and I can't wait to see what happens!

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