One way I like to think about Steem is that it is platform where the stakeholders offer rewards to producers to get some content in return. Looking at it from this view, I think the way value is injected is by stakeholders increasing their expenditure for this content. This means that the better the content is, the more the stakeholders are willing to give for it. This doesn't seem like a very sustainable system because all the content is free for everyone. Where the value might have to come from is advertisers that want to promote their content on Steem. They will have to inject a premium to get their posts to the top and as a result increase the value of the whole system. I'm not sure if I'm thinking about this right though.
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