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RE: Steemit account has 192 milion $ on it.

in #steem8 years ago

It is like a seed money because like a normal share equity, the major shareholder would own a major percentage of the share and sell the rest to the market, the same goes to steemit. And like above has mentioned, it is quite illiquid if you hold that many of share as market price would react if you try to unload.