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RE: Steem's two halvings: What does Bitcoin tell us about Steem's future?

in #cryptocurrency11 hours ago

Very interesting thoughts here. One thing I would like to point out is that a decreasing rate of new supply doesn't by itself make the the price go up. We still have to have a static or increase in demand. My question would be, with the overall steem ecosystem weaker than it was in the prior years (in terms of users, usage, and overall activity, as well as price) and showing no signs of getting stronger in the future, what can we do that will increase demand for steem going forward to make some of these numbers you posted remotely possible?