@taskmaster4450 you have expressed v well ,however what takes place if nobody needs Steem in the change? I imply that the Steem is sustainable for now because there is a lot of speculation in the alternate, however while that doesn't occur.
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STEEM is needed because it is how bandwidth is paid for. Since more than 2/3 all STEEM is locked in SP, there is very little of it flowing around freely. Any other entities coming onto this blockchain, most in the form of SMTs, will need STEEM to grow because they have to buy enough bandwidth so their users can be active.
yes of course exactly