One more observation is that every cyber currency pretty much makes people buy Bitcoin then give them your Bitcoin for their currency. This too is a concern. If currencies like Steem are going to stand on their own, then they should be purchased with Bitcoin or with the US. Dollar. In result, there are hundreds of cyber currencies that are propping up Bitcoin. This the recent Bitcoin rally is not artificial to the point where Bitcoin could have a serious crash in the near term. companies like Steemit would be smart to allow investors to also use cash to purchase their currency before this mess happens.
More musings from a cunt.
You give investment advice on cryptocurrency? You're not a joke of a cunt. (sarcasmaballs)
The Steemit founders need to reconsider these powers. If not, it is clear that Steemit has a very high risk of failing with it's currency crashing to 10 cents.
We were at ten cents, and lower asshole, and it was good days, people were still massively addapting it by any standards, and people will do it even if by some miracle all the whales leave, all the steem gets sold, and the price hovers at not even a cent of a cent, because free speech, no ADMINS, and no ads, while those things wouldn't lose their value ever, and continue to drive the seem price even higher, you free speech hater who wants to ban people and talks about free speech.
RE: Does Steemit Model really Support Equality? Steem Power Needs to be Revamped