RE: Steem is $.10...and you've got a decision to make.

Yes, and more people need to see the balance. Do I as an American know how much money is held in banks, and how much is in circulation? Am I going to base my spending or savings on that knowledge, or do I just go on living earning, saving some and spending some. Is someone a loser that works and spends their money with out saving any or very little, not really it is the life they have. To many post make those that want to use steem as a currency or a supplement to their income as steem thiefs. We need more steem circulating to build an economy, we need people to save it, and we need people to spend it, and we need people to accept it as a means of conducting commerce with one another and with outside interest.

I have no clue, nor do I feel as an average wage earner that I need to understand, how much money is in banks and how much money is in circulation. As long as I can go down to the store and buy a dozen eggs with money then I am fine with that lack of knowledge.

We need more steem circulating to build an economy, we need people to save it, and we need people to spend it, and we need people to accept it as a means of conducting commerce with one another and with outside interest.

That's all true. The key challenge is how to get there.

Right now we have a lot of Steem being used simply for the purpose of getting paid by the blockchain for doing very little, cashing it out, and getting more bitcoin or dollars. It is undermining the currency by causing it to resemble bolivars more than dollars: something that you get and then, unless you are foolish, you get rid of as quickly as possible. There isn't much circulating, and there isn't much saving, nor even spending, except to the point 'spending' (i.e. selling) it to buy dollars or bitcoin.

The idea of distributing Steem to users is not a bad one, and also isn't entirely original (cryptocurrencies have had faucets, airdrops, etc. for as long as there have been cryptocurrencies), but on Steem it is WAY too much of the focus. It needs to be massively de-emphasized. If we can't manage to establish focus on doing more than the rewards (and so far we only barely have), we're screwed.