RE: Part 3 of Our Plan to Onboard the Masses: Smart Media Tokens by tarazkp

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smt · @tarazkp · Aug 14 '19

This is where it is heading, but it is likely a little too early to implement it yet, at least by my measure. I have written about these things over the past year or more and it is the logical step that eventually, Steem becomes the enabler coin held by investors. I think for now though, distribution as wide as possible to people who want to hold is still needed to create a more stable base for the future.

👍 logiczombie

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@rycharde · Aug 20 '19

$0.02

I wrote about this too, but in a different way, as steem becoming the central bank and that *everyone* then has a direct relationship with that source. Not like the rest of the world where central banks only deal with their bankster friends leaving the masses with cake crumbs.

Communities and SMTs are great, but *their* tokens need a base coin to form a meaningful exchange rate. Otherwise both coin and tokens will be worth nothing.

👍 tarazkp

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@sepracore · Aug 15 '19

$0.02

It might be too early but I just wanted to see some discussion on it to get that ball possibly rolling. I have heard the EIP has been in discussion for at least a year.

👍 tarazkp

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@tarazkp · Aug 15 '19

Yes, the discussion is good and the more that get involved the better. My "too early" comment wasn't about you bringing it up, just adding my views to the chain :)

And yes, the components of the EIP have been in discussion throughout the community for a long time, but finding concentration as well as spread of discussion is understandably hard here :)

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