Not everyone can earn it. Earning Steem for more than a few days takes consistent work and quality content. There are many people who would rather buy an investment than work for it.
There are also people who do both.
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Thanks again for your input.
How many people do buy it though is the question? If the demand for people buying it went up then surly the price would follow?
What does owning Steem get you besides increased voting power? Is there a financial advantage to having a greater vote in the community?
The answer is YES! When you have greater Steem power, your vote is in demand. What is the best way for people to get that high valued vote? The best way is to read your posts, upvote you, and write about topics you're interested in so you will vote on them.
It's not worth it for the self vote (because the increase is nominal). It is well worth owning Steem Power for the esteem that comes with it. That greater esteem will earn you more votes for your content and thereby more income.
I get what your saying and I agree 100%. What I'm asking though is how many people go to Bittrex or any other exchange and actually physically buy Steem with actual real world money (well Bitcoin if your using Bittrex)
The answer looking at the market cap, appears to be not that many compared to other alt coins that don't really contribute much.
I hope one day Steem and Steemit gets the recognition is deserves as it is showing on a daily basis only positive things for blockchain technology.
There aren't many who do because it's a relatively new currency.
I think it will gain much greater value if we could somehow untie it from BTC.
Yeah I think your right there. Thanks for engaging in my post. Followed you and I will have a look at some of your work.