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RE: Steem experiment: Burn post #243
Thank you Mr. Smooth. On an unrelated note, how confident are you that SMTs will be successful for steem? By successful, I mean do you think they will bring in significant demand for steem and significantly increase the price from current levels?
I am not highly confident. It is a token system and there are many of those on different blockchains by now. It has some interesting differentiators, so I don't rule out that it could catch on a big way, but I don't see it as guaranteed by any means. To be a bit more specific, I don't think SMTs in and of themselves will do much at all, rather it will depend on useful applications being built to use them, or communities built around them, and such applications and/or communities becoming big enough to justify a high value for their respective tokens.
I see. On an unrelated note, I see SBDs are now trading at $.79.