There are so many steem out there in circulation, so hard to earn it too but there is a painful truth that there is a very hard force of sell pressure when you do earn your steem because we went from the bear market earning steem in nearly ten cents levels and then with this Bitcoin price movement influence all of a sudden the value of steem goes up and it is a win if we sell because we got nearly doubled our money from the price that we had earned it from.
But steem for me is quite still undervalued, it should be more than that price level of currently 21 cents. It is just less people are using it via various frontends like for social and anti-social blogging, gambling, vblogs, microblogging, photoblogging, and games.
So we could not get the price going up as not many people is owning the token, that is just it. That is why we just have to promote steem not only to our friends and families but also to the organizations that we are also a member like in church most particularly.
I reckon if my Church mcgi.org headed by our Bro Eli Soriano would use the steem blockchain then I will foresee that it will impact the price of steem because we have many members in Latin America and here in my country the Philippines that can mutually benefit as it will make the steem blockchain more vibrant and of course the improvement of its price when the members would stash steem and in effect the said improvement of the price.
Unfortunately Bro Eli Soriano doesn't believe in a system which is decentralized especially with money where if you lose it you lost it and can never seek any help from anyone regarding lost funds. I do think that he is just a classic baby boomer that just wants the traditional method of the system of money.
But personally for me if mcgi would use even any blockchain to transfer money or take funds form members it will help them in that regard because of course it is all digital, we can just scan the official church wallet address and then just like a lightning the funds are there. They can just put the whole funds or some of it in their digital wallet safe from getting robbed by anyone that would even attempt to steal it.