Great post and good explanation. Most newbies must understand that ALL govt fiat money is virtual. Being able to pay my bills (among other things) with Steem make it tangible.
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Great post and good explanation. Most newbies must understand that ALL govt fiat money is virtual. Being able to pay my bills (among other things) with Steem make it tangible.
Yep... and hence once of the things we must (as a community) expand on is creating the economic ecosystem of Steemit. Steem shopping, Steem services and so on... not only will the fact that people are actually trading with each other lend legitimacy to Steemit, it will also help differentiate (super important, in the marketing sense!) Steem (the currency) from the explosion of other alt coins... by providing an actual "economic reason" for it's existence... most other coins don't have that.
And it's fun!!