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

You are viewing a single comment's thread from:

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

in steemit •  8 years ago 

Very good post!
Nice things are coming up in the long run.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

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.

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