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RE: The Saga Continues: HardFork 0.20.5 Is Out, But No Immediate Replay Needed

in #steemit6 years ago

I predict a significant drop in the price of STEEM once the exchanges get connected again. Sadly, too many people do not understand that the value of "Something" (anything) is not strongly coupled with its scarcity. Scarcity matters, yes, but is far from the whole story.

Trust is the most important factor affecting value. Steemit Inc. has shown it doesn't value trust. They've treated the trust put in them with nonchalance.

They've "burned" some of the trust the people of this Community had placed in them just like a big American car guzzles gas - gas is cheap there, right?

As soon as the exchanges get connected again I fear we'll see a rush for the exits ...

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