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RE: My story about Steemit for Backchannel: 'The Social Network Doling Out Millions in Ephemeral Money'

in #steemit7 years ago

Why call it Ephemeral Money? I have transferred some to Bitcoin and Litecoin and exchanged for US dollars.... unless you mean the US dollar is also Ephemeral.

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Value of US dollar is seriously inflated as federal government is essentially bankrupt due to running solely on loaned money. Any government should run mostly on tax revenue for a currency value to be considered "realistic". Anyone still remember how low Italian lira was before they move on to using Euro? You would need bucket of coins just to make a local phone call on payphone.

unless you mean the US dollar is also Ephemeral

Yes it is ;)

Because it's not a real article unless it has a clickbait title :p