Demand existed when the supply was abundant and no stakeholders had any tokens.
RE: If I Was Still On Hive
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If I Was Still On Hive
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when was this exactly ?
When steem was being mined.
who was "demanding" it at that point ?
Numerous people, most of the whales, from abit to Bernie.
what did they want it for ?
I assume early adapter advantage.
so, they saw some potential demand for what exactly ?
They saw utility. You seem to think it was all about free tokens, which I don't deny, yet I maintain that the utility is what gave the tokens any value.