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

in #life7 years ago (edited)

Yeah, every single time I tell someone about Steemit they ask this question. Everyone seems baffled about the origin of the money. Also, quite often they won't accept that fiat is made out of thin air and is little more than a promise. They tend to cling on tightly to the myth that the government has a huge vault with gold to back that shit up... :)) I like the simplicity of your answer...

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Thank you for your comment. People have to indeed be willing to make some changes in their minds about how things work to make this all stick. But once they get it's magical!

Well said! I think that once the platform grows in size so will people's acceptance of it...

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