It's Now Happening
Is Steem Dollars on the brink of Commercialization?
It has been a couple of months now since Steem Dollars shoot up its value. It started on December and it continued to climb up until around $18.00 per SBD. It was really high right? That was the time when people are pizza partying. It definitely was eighteen times our normal earning!
But as we can see, Steem Dollars is now on the brink of defining its true meaning - A US Pegged Token. This seems to be a sad news for us content creators but if Steemit Inc. and the witnesses can neutralize this value to approx $1.00, this will be a revolutionary change for Steemit.
We will now be allowing Industries to join Steemit and use the technology as means of transactions. With Steemit's zero transaction fees and 3 second transaction time, this will be an advantage to companies using our technology. The effect will be a massive demand on SBD and probably Steem (for influence purposes). As a result, the price of Steem increases with SBD being stabilized.
Isn't it amazing?
Well, the bad news behind it is that it lowers our post earnings which is totally not okay for me. Haha! One of the reasons too is because of bitcoin's uncertainty. With lots of bans and regulations, it affected a lot to most of the coins. But I believe, the best is yet to come. I didn't powered down my SP's because I have a feeling Steem will stabilize and shine as a token because of the platform itself.