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RE: Still Confused by Steem, Steem Dollars, and Steem Power? The Power Plant Analogy

in #steemit7 years ago

Nonsense. Money are assets that have REAL value. Like gold or silver. Those have value because of their rarity, the work it took to mine them and the use they have. ONLY Fiat money is created out of nothing. Even bitcoin takes WORK to create, so it can't be created in unlimited amounts like paper currency.