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RE: Will the new SMTs help or hurt STEEM? by oldtimer

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· @oldtimer ·
$0.03
As I understand it's like You need ethereum like gas to pay fees on eth blockchain. On BTS you need bts to convert bts assets to exchange for crypto and the to fiat. You need steem to convert SMT to crypto. And also steempower for bandwidth to run your STM. I know it's not exactly this way, but simmilar. Ask @dragosroua.
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@yabapmatt ·
Thanks again @oldtimer. I read and commented on @dragosroua's posts about this and also took the time to read the whole rest of the white paper which actually answered this question directly.

I made a follow up post with what I think is the answer to this question based on what is written in the white paper here: https://steemit.com/steem/@yabapmatt/how-will-smts-send-steem-to-the-moon
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