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RE: Attention Sharks - There is blood in the water. Are you ready to invest?

in #steemit8 years ago

The most misused bag holder quote of all time! Buffett is an investor in real assets that yield high % dividends/coupons and have potential to appreciate over time. STEEM does not possess either of these qualities, period.

There is no "yield" and there will only be depreciation due to the inherent inflation mechanism. I have said it before, as t -> inf, STEEM -> $0. There is no way around it. It is a flawed design.

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If they add advertising to the site that pays SP holders, then there would be yield.

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