Value Proposition

in #steemit5 years ago

I read a good post by @shortsegments about value and price, and he refers to another article by @edicted about market cap. I admire both authors for their excellent work in this space and for the education they provide, but I think price matters.

If Steem was priced in dollars, there would be a lot more interest in the platform and it’s improvements.

If Steem was priced in dollars, there would be more motivation to learn about the platform and it’s complexities.

I think investors are more likely to be interested in Bitcoin, Litecoin and Ethereum because of their value.

Now I admit the coins like XRP and Tron are similarly priced, but due to the number of coins they have larger market caps and their leaders constantly generate buzz or public interest in their coin.

We have two paths readily available to increase adoption, which are tried and true. We seem to be on a third path of utility adoption, add applications which people use to increase use of the Token Steem. This may work, we will see.

Posted using Partiko iOS

Sort:  

Congratulations @smallbites! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 700 comments. Your next target is to reach 800 comments.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.029
BTC 63747.71
ETH 2543.33
USDT 1.00
SBD 2.66