Vlog 379: Steem Price + Tokenisation without Steem inc.

STEEM is approaching 20 cents.

If there was ever a time for a better distribution of this token we are sure getting there. And if it's not happening now, then I guess it never will.

The Powerdown statistics look pretty decent btw. The amount of vested STEEM is still going up (but not by much). But it tells me that no many invested users want to part with their STEEM at these prices. (This is what I wanted to say by the end of my vlog before I got distracted) This is of course a very good thing.

I also think what distinguishes STEEM from many other tokens is because it's a people token. People actively use it in their daily operations on the platform. It therefor has value regardless of price.

For a little over a $1000 you can now become a Dolphin. Which is still expensive but a lot cheaper than it ever was. I wonder with the price going lower if we will see more of them appearing. It would be very healthy for the blockchain. I believe in a strong middle class.

When it comes to Steemit inc. I hope they can keep operating at these prices and I also hope that their plan for decentralising the blockchain by making the full nodes cheap works out.

It's more important now than ever. Even more important than SMT's because as it turns out. Some users on the platform are solving this problem anyway. Check this out:

I talk about it more in my vlog.