RE: SMT - Am I missing something?

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SMT - Am I missing something?

in smt •  7 years ago 

Thanks @bulleth. Can you explain a bit more how more money coming into STEEM benefits the typical user. It sounds like a good thing to me but I am not sure why that is. Does it increase the value of Steem (raise the price per coin?). Does it translate to more users on the Steemit platform? How can a typical user benefit from this? What can I do to maximize that benefit?

smt
7 years ago by

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      ·  7 years ago 

    Ceteris paribus, more demand = higher price :)

    The higher the STEEM price, the more SBD you get per post and the more your STEEM POWER is worth :)

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      ·  7 years ago 

    Wow that is great @bulleth . That would benefit everyone then. Is there anything that we can do to help this along to maximize the success of SMTs?

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