I'm not sure the only way STEEM gets value is from jerks investing in exchanges. If the STEEM/STEEMIT system has usefulness, like the Bitcoin system does, then coins created 'from nowhere' can have value - just as Bitcoins created during the Bitcoin mining process have value. Also
KNIBB HIGH FOOTBALL RULES!
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Yeah, I may have skimped out on covering that part a bit to show my cleavage more.