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RE: The first phase of the Steem FAQ and Wikee: Consolidation of Knowledge

in #steem9 years ago

like all cryptocurrencies, its value is attached to its price on the market (haven't mastered out yet the vest concept... which is probably like gas in ethereum)

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I get that it's where the market value comes from. But it doesn't answer how the value is transferred to the user. I think there needs to be something added to the answer: "That is where the value of Steem comes from. New Steem currency is always being created and some of the newly-created currency is then transferred to users who add value to steemit."