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RE: The Price of Steem - Where Do We Go From Here? Reflections by Charlie Shrem
YES! Its also psychological. If you know you can sell your Steem at a price immediately, you are more inclined to hold onto it and ride out the storms.
Correct, i've been talking to several friends and coworkers about steem and bitcoin and the possibilities with these. But when i'm explaining the hassle of wire transfers to obtain bitcoin through localbitcoins it's off putting, it's first after these massive steps you can acquire other crypto's such as steem.
It's a trust system that takes...way to long.