This sounds great, the effects of this will come once these websites(in this case reddit,quora etc) accept the fact that they have to reward their value creators something meaningful. Once that happens I see an upward trend for Steem.
Thanks for simplifying the explanation Stephen, will help me to approach the whitepaper better
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Nailed it. In my example I talked about "Johnny's Coin" and a website with 1 million users for simplicity to explain. Imagine what will happen when a much larger site with say +100 million users adopts the #SMT..!! The numbers are simple jaw dropping. Stephen