Yep exactly. Plus it is a huge drain on prices which destroys the confidence of investors. Not to mention equity financing (which is basically what it is) is the most expensive form of financing. Selling off their stake to make payroll is not sustainable or preferable.
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Agreed, selling off their stake is sending the wrong signals to the markets.
It shows a lack of vision and is pretty dumb economics.
Content creators need more support from everyone right now.
Steem is cheap as chips but it can go lower. Then the only thing generating money will be the ads.
Stinc should take that huge stake and start curating creators like the rest of us are doing.
Lead by example!