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RE: STEEM Moving To Stronger Hands

in #busy • 5 years ago

I do agree with the people investing in the communities that interest them, but how does steem being behind the scenes affect the price. I like the numbers of rank growing. I feel this is buildibg a strong community as a whole and making steem stronger.

5 years ago in #busy by
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     5 years ago 

    STEEM behind the scenes ultimately depends upon what else is on here. The key with SMTs is that each account will need STEEM for Resource Credits. If there are a couple of sites that show up and use the SMT which have ten million monthly users, that will eat up a lot of STEEM.

    Even just swapping out a token on the internal exchange requires an account to have at least a token.

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     5 years ago 

    Any idea @taskmaster4450 how much STEEM is still being sold by STINC on monthly basis to cover their operational expenses?

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