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RE: Steem, Utility Token or Rewards?

in #busy6 years ago

I guess they would get their value from the same place Steem is supposed to. From users, ads, founders, etc.

We already have one exchange and I've heard talk of more.

I don't see how tribes make the rich richer? Please explain.

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Really? Look at who owns what, who earns what and how they got it. Fairly simple.

Now, if nobody (almost nobody) can earn directly from Steem's coin-creation, where will those new tokens go? Who will decide? Will make SPS look like a sideshow.

Look at who owns what...

Okay, I see people who bought a token or a tribe or both. It is open to everyone...
Who earns what....

Okay I see that name and brand recognition matter as does influence.

Some are selling tokens to buy Steem, but others are selling Steem to buy tokens.

I get your point I hear it as... Look who invested, they are going to earn more...

Well, yeah. If you buy 5 shares of Apple and I buy 10 and the price goes up, who is going to earn more?

Also, if I also work at apple... I will likely take a salary too.