I did a calculation which showed that Facebook actually owes many steemit users around $135 978 once off (equal to almost 1000 shares in Facebook) and $3 818 per year. Most people could retire right now with that kind of money!
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WOW! You need to convert that to Steem Power ... $135K approx. 100K SP! Nice :)
Well, Facebook better do something. I am very interested in money and fiat money. Crypto retains some positive elements of the gold standard. Then, think about how hard it is to steal – almost impossible unless more than half of bitcoin owners are in on it, I am led to believe.
Correct! Guard that steem too @pjcswart, then power it all up :)
In economics class we learned about this one culture where they used these huge sandstone discs for money. I think maybe so it would be harder to steal.
A 52 digit password should suffice here my friend :)
Good point... I am no cryptocurrency expert. My cousin tried to explain it to me once but he lost me pretty quick. That reminds me, he sold his one bitcoin in January for around $700. Bad timing I guess. But he says he needed the money. Anyway, I do know a little about economics and finance and I have always been fascinated by money. Not in the sense that I want more of it (that too), but the mere fact I guess that you can hand someone some pieces of paper and get pretty much anything you want.