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RE: Steemit Founder and CEO Ned Scott Explains the Reason for Creating ‘Steemit’

in #steemit7 years ago

I think steem is a potential market which provide a lots of chance for people to post and get money. Howeve, there is a concern that with more and more people using steem , the steem will expand, which may cause the massive devaluation...

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I think expansion of Steemit community with a common goal, will help others by way of virtual currency and valuable comments wouldn't hamper it and devalue going forward.

As wonderful people like you are joining in to Steemit, it's going to surpass all the present social networks across the globe and will inspire other platforms to follow Steemit!

Thanks for your comment....

strongly agree on that..

I agreed on that.
A bit explanation of how Steemit works on blocking hoax spreading by no good peoples, will be very good.

That the most problems in social media today.

it will not devalue if it is limited in supply
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Agree 100%!

More people using a currency doesn't devalue it. It would only devalue it if the reward pool increased faster than the user-base.