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RE: The Reason You Don't Understand Steemit: It's Like A Gift Economy Not A Commodity Economy
Steemit has opened up a completely new type of economy. As you say, it's unlike the traditional models of either Oriental or Occidental culture -- it's just new.
One of the cool things about this experiment is that we don't really know the nature of it yet. And that's interesting.
As you say, this economy rewards its users for doing good things for the community, such as free development and charitable contributions.
We are just at the beginning of this thing. I'm so excited to see where it takes us!