Today I am trying hard to actually post a post on steemit which is enough work already for my technically challenged brain as I go through my 20+ checklist topics of formatting and other things I need to do to make my posts successful here. Should I drop that plan and study up on Ned's New Idea instead? Is everything different on steemit now because of this announcement? Or is this just something for the big fish to worry about?
IMO, there's more incentive to post on Steemit than ever before. Why? Because just the anticipation of what these "Smart Media Tokens" (SMT) could bring to Steem (the currency of Steemit) is very likely to drive Steem's price up, possibly higher than it has ever been.
So, yes, you should continue to focus on your Steemit posts and don't worry about not yet understanding everything about SMTs. That understanding will come in time as we start to see people on Steemit experimenting with making their own tokens.
OK! I will take your advice. Thank you - I really appreciate your taking the time to help me. I read three more posts after this one and gave up anyway :)
Back to formatting!
Thanks @jamesbrown for this great response to @fitinfun comment since I am in the same boat as she is and I guess I should just concentrate on making posts and slowly all this will make sense. But I do have a question if you don't mind. Should I be buying more Steem?
I don't feel right answering that question for you, for many reasons. Most of all, I'm no clairvoyant, so I can't tell you what Steem's price will do.
What I can tell you is that I think the odds favor a price advancement in Steem for the next month or two, thanks to this SMT news. Whether that opinion is worth $0.02 or not, I dunno. That's up for you to decide.
Thanks for your reply. I really appreciate your honesty.