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Thanks for this wonderful post. I learn a lot!
Question about current Steem: who's buying their tokens and why? Obviously based on their current status, there is no room for any imagination or story for investors whatsoever. Even if they give investors good return, still cannot explain why buy tokens in the first place.
My guess would be that Tron (Sun) is subsidizing Steem, for whatever reasons I don't know. But it's pure guess.
RE: Is Hive oversold?