You are viewing a single comment's thread from:

RE: Was STEEM Born to Die?

in #steem7 years ago

It's not a matter if it will die.

All curencies die. Always have. Always will.

It's a matter of HOW it dies.

Unlike physical fiat currencies in a system without public ledgers, the open ledger STEEM allows the people to track the "flow" of money.

That in itself will allow for real-time monitoring of inflation/deflation.

All money systems collapse, but a money system in which the actual users have the ability to monitor and exercise personal control over has never existed.

Its gonna get interesting, one way or another.