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RE: !WARNING - STEEMIT - MODIFICATION IN THE STEEM POWER -50% - WARNIGN!

in #steemit7 years ago (edited)

I wrote ultimate demand because the bots are just an intermediate stage.
They do not use SBDs, they sell them.
For example Steem has ultimate uses like voting on posts, voting for witnesses and bandwidth.
Steem is a currency, but not just a currency.
What about SBD?
Storefronts and services that get them and sell them are not an ultimate source for demand either, because they only use them as a currency, and not as tangible goods.
In contrary I mentioned STEEM which has some tangible use.

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SBD is just a debt instrument

And Steem is not?
If Steem is useful and SBD is not, SBD is supposed to go to 0, not just 1 USD.
And while USD does go to 0, I meant that SBD should go there even faster, assuming it has no use and is inflationary.

SBD is designed for commerce.

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