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RE: Where does the money come from? A look into the economics of Steem.

in #steem8 years ago

Before steemit I was writing at reddit and some boards without getting something for it. So it's cool for me, to power up all my Steem to SteemPower. This helps to stabilize steemit in the long run. And this gives me more power by upvoting and downvoting. So I can help to raise the quality of the content on steemit. It's a clever system, that Ned and his crew had created here.

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yes, clever indeed. If you want to dive further in and learn about Dan, the one who designed the backbone of Steemit, read his blog. Not many even know about it:
https://bytemaster.github.io/update/2015/12/29/Why-Vision-Matters/

Dan Laimer, is the Nikola Tesla of the Crypto industry. One of the smartest most forward looking visionary leaders in the space. So far above and beyond most that he is quite under appreciated.

Sweet, thank you! Going through the recommended reading list, and I recognized quite a few. No wonder I like this guy/place so much! :)

non-violence is the coolest thing in existence right now.