Question: What Would Happen if STEEM Crashed and Nobody Bought Steem Power?

in #steem4 years ago (edited)


Question: What Would Happen if STEEM Crashed and Nobody Bought Steem Power?

How would Steemit staff get paid?

How would authors get paid?

Would the money dry up and the payroll well run dry?

Would panic selling start? It was $2.09 last week and down 40% already....

Has anyone thought about this as I see these Steem Power Police attacking so many new users on this site?

Just how many Bitcoins has the Steemit Founders hold  in their account from selling Steemit currency....

Answers??

Sort:  

You beeing a CEO for 30 years @michaelpinson know the answers to this questions very well.

Can you please show us: "Police attacking so many new users on this site?"

"Just how many Bitcoins has the Steemit Founders hold in their account from selling Steemit currency...."

You should ask the founders about that. It is very well known who they are.
I can not see that members of Steemit should try to answer that.

I have already shown Steem Power abuse ...I will no longer debate that with you....and yes, would it not be nice for the Steemit founders to be transparent of these monies and Bitcoins since they are selling their currency for Bitcoins? "Transparency" is good...would you not agree????

Where have you shown Steem Power abuse @michaelpinson ?

I am very interested in that to see if I can upvote the victim or help them in any way.

Have a nice day!

also....your reply has nothing to do with the post above...move on....unless you just do not know how to stop stalking people....have a good night...

done that this afternoon....not going through all that over again....you were involved in it....so move on....

Hi @michaelpinson

I can not see any names or how I can reach out to them for help in your posts, that is why I am asking.
I truly want to be of help.

So I would be so thankful if you could be of any help and put the links here. That way I can reach out to them.

Thanks very much.

The answers to all those questions are

YOU'RE A CUNT.

If nobody bought steem, it wouldn't be worth anything

So if new Steem Buyers did not come in, as you saying it would fall to zero or less than 5 cents???

The same thing could be said about BTC, LTC or any other cryptocurrency. In fact the same logic can be applied to the US dollar or any commodity or service. If no one buys any product or service the price goes to zero.

It's the same as anything else. If nobody wanted it, it wouldn't be worth anything. But it is worth something... Because people want it. And for good reason.

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