These sort of posts on the economics of Steem are incredibly important, it's not immediately obvious to anyone how the economics work and it's far to easy to just see the "free money" aspect of getting upvotes for posts and then just selling out the rewards for Fiat. If more people understood the importance of investing their rewards in Steem Power - not only to them but also to helping increase the value of Steem they would. Everyone can add value to the Steem Blockchain - they just need to realise they can.
You are viewing a single comment's thread from:
Thank you - you’re spot on - you get rewards from adding value! Thanks for taking the time to read and share this post.
Posted using Partiko iOS
Great article and detailed analysis. I didn't see it when it first came out so I upvoted your comment instead.
I appreciate you taking the time read it and to upvote the comment - not many would take that approach..... Cheers