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RE: Steemit's new economic paradigm, or: Why Steemit might just work

in #money8 years ago (edited)

Maybe just read the conclusion.

Well, let me try. Ideas have value, and when people invest time and energy into Steemit they are "buying an idea" of a social network where people get paid, and as the currency expands into other areas, it may well continue to have value, despite a large amount of inflation.

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Yup the idea is the currency