Yes, exactly. It's no more complex than the idea of starting your own currency (which isn't all that simple, lol). As you said, the more people are interested, the higher value it trades. Isn't Steemit's coin Steem Power? Honest question, or perspective.
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I am not sure! I don't think so though. Steem power is just the accumulated collection of SBD, and Steemit doesn't own SBD, the Steem blockchain does. So I'm not sure there.
Idk... if that's true about Steem Power. You purchase it with either SBD or Steem and pays out in Steem. So that;s why I said it seemed like the token that represents Steemit's part in the Steem blockchain currency market... idk.. lol