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RE: What made traditional social media "awards" so effective and, what will Steemit's monetary system change?
I think first we all like to compete. And have more likes than our peers. When more frequent, likes and views turn into profit for content creators.
But at steem this is much more direct. Much more powerful. I believe this will have a very disruptive effect for the content and media industry.
This will be fun!
I agree 100%. The developers have created something truly revolutionary.