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RE: Vlog #8: Why a STEEM token represent value A.K.A Where does the money come from?

in #life8 years ago

Thanks. That is very helpful. So as the number of users grows, more quickly than the growth in steem output, an allocation to a contributing user may be smaller or harder to earn. However, the value of a unit of steem, may be worth more in the future (hopefully) so you may earn less steem but more value for a post.

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You got it completely right!

I'm catching on. Thanks so much for your willingness to patiently teach newcomers.