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RE: Where Does The Money Come From On Steemit? (Is It Sustainable?)

in #steem8 years ago

Thank you. Yeah it is hard for other investors to grasp it often times. People will just keep repeating that it isn't backed by anything. I can tell you this. It is backed by a lot more than the US Dollar and all these other fiat currencies fabricated into existence. You can't just fabricate fuel to run heavy machinery that mines gold and silver and you can't fabricate the electricity that runs the crypto currency networks.