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.
This is definitely my plan now... i have alreafy shifted half of my nxt and all of my ethers to steem and steem dollars and working around this platform. This is the new game changer
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.
Yup the idea is the currency
tl;tl;dr
This is definitely my plan now... i have alreafy shifted half of my nxt and all of my ethers to steem and steem dollars and working around this platform. This is the new game changer
Sounds like a plan!
I have a shorter logic why it works in longterm: https://steemit.com/steemit/@davman/who-does-actually-pay-for-your-creative-content