I'm still a little confused as to how Steemit can afford to "give away" all this "money"? It all still feels a little too good to be true
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I'm still a little confused as to how Steemit can afford to "give away" all this "money"? It all still feels a little too good to be true
current dollar assets are inflated 9% annually - that goes to rewards - and that is compensated by organic growth. That growth is supposed to be much stronger than 9% annually in coming years.
Thanks for the explanation. appreciated
It's not really given away, it's mined. There is no payor.