Because in a reply to someone @ned said something to the extent of "for clarity's sake, Steem is 100% mined." I did a quick search for it, but couldn't find the thread where he said that.
What ned was saying is that all the steem that exists right now was actually mined (instead of being pre-allocated, or premined like ripple was). Cryptogee had inaccurately refered to steem being premined, and ned was correcting that mistake.
Because in a reply to someone @ned said something to the extent of "for clarity's sake, Steem is 100% mined." I did a quick search for it, but couldn't find the thread where he said that.
I think youre talking about this thread: https://steemit.com/steem/@cryptogee/introducing-steem-the-first-anarchy-mined-coin (very first reply)
What ned was saying is that all the steem that exists right now was actually mined (instead of being pre-allocated, or premined like ripple was). Cryptogee had inaccurately refered to steem being premined, and ned was correcting that mistake.
here puts it in context@smooth's reply
Yes, that is exactly what I remember seeing. Thanks for pointing out the clarifications.