steemit does not produce the steem dollars/steem power. The users who post/vote/reply are generating steem dollars/steem power via the steemit blockchain.
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steemit does not produce the steem dollars/steem power. The users who post/vote/reply are generating steem dollars/steem power via the steemit blockchain.
And if we keep generating this steem dollars, its like we printing money out of the air. Is it really good for steemit?
if new users join the network and people still buy on exchanges it should not be a problem
Absolutely right.
And it will grow forever because that's how the world works.
The payouts will not be that high as today. Everything is fresh and New, the website, the development, the blockchain and so on. Early Users will also Win in the future.