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• steemonboarder (29)in #steemit • 5 years ago

  Quora Onboarding Initiative | Question Answered: Where does the money come from with Steemit.com in order to pay its users?

  Steemit does not pay anyone anything because it is a web application that functions as an interface to the Steem blockchain. Steemit, Inc is the company that owns the website…

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• steemonboarder (29)in #steem • 5 years ago

  Quora Onboarding Initiative | Question: How viable is Steem as a currency as the Steem network must constantly create tokens to reward bloggers and enable votes (causing lots of inflation)?

  Answer: In the long run, the price of STEEM depends on how much value is created per newly minted STEEM. Currently, there is a huge element of speculation to it, as with all…

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