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RE: Vlog #39: The operational cost of the Steem blockchain is so low compared to Facebook.

in #life7 years ago

Thanks for the information and vlog. I love Steemit it and listened very keenly. I thought you were going to say that the Steem power paid out are like shares. I understand that concept but I have not heard anyone explain that the value is directly linked to the exchanges' value -as in the end it matters what people are willing to pay for Steem hence it is dependent on the speculators.