Certainly an interesting approach to valuation.

From observing BTC and altcoins for a while now, "usage" keeps coming up... yet there doesn't seem to be a lot of effort being put into "creating legitimate USAGE" for most coins our there. Everything seems to be looked at mostly in terms of "investment" and "returns." I'm just surprised there aren't more people trying to... "protect"... their investments by creating a reason for that investment to exist, in the first place. Strikes me as a bit "house of cards-ish," but maybe I'm missing something?

One of the appeals of Steemit/Steem was precisely the fact that there seems to be the potential for an underlying economy, to support the token. Maybe I'm just old-fashioned in terms of how I assess "value," but in order for something to call itself a "currency" doesn't there need to be actual USAGE for it?