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RE: Why Steemit is Rampant Capitalism

in #steemit7 years ago

Great question @coffeee. I don't know that I can thoroughly answer the question, but let's try. We are all rewarded with SBD which needs to be converted to Steem in order to power up. So there is a steady stream of Steem being bought with steem backed dollars. There are also people investing in the platform who want to have more vote power and coin appreciation speculation. Partial answer.