You are viewing a single comment's thread from:
RE: The Best News in The World: There Is Not Enough STEEM To Go Around!!!! STEEM A $600 BILLION blockchain????
I did wonder if all these new tokens, especially GPT would decrease the value of STEEM... but I had never taken the bandwidth into consideration, that's a huge point. Once companies realise they can market their products and businesses for free (with an investment they can later cash out of) I'm sure the Nike's / Walmarts of the world will need to purchase a ton of Steem to get the bandwidth to transact with their NIKE or WMART tokens (for example).
This is really exciting... I was worried that GPT would cause a lack of demand for Steem, potentially reducing our investments, but you're both right in that demand should increase by a lot. $100 Steem might not be out of the question for Dec 2018 after all @taskmaster4450
Here is hoping that we can see that type of move.
It is going to require the release of SMTs soon and for a number of tokens to be created using it. I am not sure the time period we are looking at on that.