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RE: Where does all the money come from on Steemit fully answered -- Can it continue? -- Absolutely yes!
Excellent question!
I really believe there will be due to increasing market value of the knowledge base and this type of business activity that forces new money into the platform.
I'm going to do a full post on the results of my findings and why I think we'll keep on trucking even after 20 years.
Thanks, that would be great. I suspect either the few coins paid would have to be worth a lot each, or the method of paying the witnesses would need to be changed. However, if fiat currency collapses, there won't be that influx of fiat and the ONLY currency in circulation will be the cryptocurrencies. Something else to take into consideration when making your conclusions.
Very nice point on the collapse of the fiat. Not sure any of us is smart enough to forsee the future, but I do believe crypto will eventually be the only money in existence.
Thanks again.
Fiat HAS to collapse. In it's current form it is unsustainable. Inflation outstrips savings and will become worthless.