RE: Would you take 55,000 STEEM or 1 BTC?

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RE: Would you take 55,000 STEEM or 1 BTC?

deepwaters in #steem • 5 years ago

I use the noun adverb token very selectively here.

token

a thing serving as a visible or tangible representation of a fact, quality, feeling, etc.

Tokens are created to convey something. In commerce, tokens convey a consideration in an exchange. Tokens on their own, are useless. They are only useful when are linked to what they are conveying. In this case, proof of mind.
The only value I see in BTC is speculation. I don't like speculating with Capital.

5 years ago in #steem by deepwaters

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tarazkp 5 years ago

I agree that at least for now, the only real value of BTC is speculation - the same for most coins. I am hoping that many more utility points arrive for Steem so that it becomes useful across a spectrum that empowers many users to interact with the blockchain in many ways.

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deepwaters 5 years ago

I am hoping that many more utility points arrive for Steem

I as well. See you around.

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