Based on your reading of the charts, you have derived a theory on the value of Steem. My theory on why Steem is undervalued is because: 1. Most people are not even aware it is a protocol due to the success of steemit.com. 2. People do not yet understand how they can leverage an application-specific protocol without smart contracts to accomplish everything they need in a blockchain protocol and ... UPDATE, March 11th, 2019: We have delayed the release of SMTs to focus on MIRA, which is software that leverages… by steemitblog
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