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Payouts Haven't Changed

SBD steem.png

It is so weird getting paid out 10 coins on a $5 post. It's equally strange to see the ratio of Steem to SBD at 0.4 : 1 when I've seen it as high as 1.4 : 1. To me, 10 coins is 10 coins. No need to look at the fiat value until I cash out to fiat. Ask me again in five or ten years.

Even then, imagine being able to buy food or pay rent directly with Steem. I look forward to the day that I don't have to look at George Washington's face.

quarter usd.png

For the price of a quarter you can buy yourself a Steem coin. Remember quarters? Those were the things you used at the arcade all those years ago as a kid. Today, it costs more money to clean your laundry than it does to invest in this platform.

With a market cap of 73 million, it only costs $73 to own a millionth of this platform. Everyone thinks crypto is so risky, but the reward is so great that in reality one has to risk very little.

What we need during these times of crisis is a little perspective. I got quite a kick out of this website:

https://99bitcoins.com/category/bitcoin-obituaries/page/33/

Bitcoin has died 329 times

329 articles and counting; all claiming that Bitcoin is worthless; from a value of 23 cents per coin to present. Browsing these quotes is somewhat mind-blowing. The same broken record has been playing for the last decade. No matter how high the value of crypto escalates, the same tired arguments get repeated over and over. It's during times like this that the self-righteous naysayers are most aggressively convinced that soon™ The Blockchain will be worthless.

After all, this is exactly like the Dot Com Bubble, right?


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Payouts Haven't Changed was published on and last updated on 09 Dec 2018.