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RE: What Is 1UP - And How Can It Improve The Voting System?

in #1up7 years ago

Actually, more users does not necessarily always mean more value for STEEM, in fact it's quite possible for users who never buy in to steem to reduce the value of steem by using up network resources, driving the costs of hosting servers up, and making the place less attractive for potential witnesses and investors.

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I agree to a degree. If we attract lots of short term money chasers, then yes.

But I am seeing new users sharing genuine stories about their lives. That gives me hope.

If steemit even gets to 1/100 value of Facebook, the server costs will be immaterial. That would be a 5x multiple growth. All within the realms reality in my opinion