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RE: The TRUTH about how much Steem actually exists. The REAL reason Steem cost $4+

in #steem8 years ago

I'm not going to stand by my Gold example as an eloquent infallible argument. It's certainly not perfect. Mearly representative of an increase in supply and what effect that would have on the price of an asset.

Steem and Steem Power are inextricablly linked, but the Gold thing made sense to me because Steem Power is not liquid 'it's in the ground and needs to be mined to be of value'. I would add to all our banter with, I'm try to simplify aggressively, I want to have a conversation with everyone and help people understand (In the words of Donald Trump) "what the hell is going on".

My replies are explanations not to tell you your wrong. This is what is great about Steem. Civilised discussion