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RE: "They're Not Companies!" - But What Does That Mean for Sustainability?

in #crypto7 years ago

I agree that most companies will die over the long run. Regarding Steemit - it will be interesting to see how it evolves over time. It could end up being like facebook - starts out as a free service with no advertising, but then eventually they added adverts to the site to generate revenue. I believe steemit is working on smart media tokens (though I haven't followed that progression). If this ends up being the case,it will change things and possibly add to its sustainability.

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it will be great to see how all that plays out. I do not know about the smart media token but if they end up putting ads, they will pay holders dividends (hopefully).

Yeah i guess we will see. It is interesting