Oh I wasn't suggesting that Steem couldn't go up in value, it certainly can, just saying being "useful" right now is a pretty of weak source of value, at least at this early stage. You can't spend it anywhere and you can't earn it anywhere except (in small quantities for most, at best) on the web site. That's hardly much use. "Potentially useful in the future" is certainly possible.
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It's going to be interesting to see what people come up with. The technology is cool and I want to see where it goes. Cheers