SteemyQuestion - Where does Steemit value comes from ?
Hello Steemy people !
I'm writing a post today because I'm looking for answers and knowledge, I need your Help !
Where does Steemit value comes from ? What are the factors determining its market capitalization ?
If you take Wordpress, Google or any companies, its value will be determined with its capacity to produce cash, to sell ( ads with apple and wordpress, phones and computers with apple ).
Is Steemit going to sell ads, is it not going to be free in the future ?
I read this post https://steemit.com/steem/@steemrollin/steem-where-does-the-money-come-from#@abou/re-steemrollin-steem-where-does-the-money-come-from-20170703t180052578z . It is helpful but they don't really show the value provenance.
Thanks for your answers and I'm looking forward to exchange with you !
Abou
Yes what a great question ! I guess it comes from the the money that is put in by people who actually purchase the currency ? I am not an expert unfortunately but I would love to know too !
thanks ! I hope some Steemit expert will see this post !
why worry.
don't look a gift horse in the mouth
it annoys the critter.
Oh but aren't you just a tiny bit curious ? Curiosity is what made us what we are now ^^ it's good to be curious don't you think ?
I (kinda sorta) know how it works. I don't understand it well enough to explain it.
if you are really curious
read the white paper or any of the numerous posts on that topic.
written by those who claim to understand it.
I would note that math is hard.
Nice thanks I'll have a look ! (and 3 shots of coffee)
I don't worry mate ;) It's a sophisticated platform with smart people on it, I want to understand how is it working.
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