You are viewing a single comment's thread from:

RE: Ditching the Socialist Approach on Steemit - Make Steemit a Genuine Free Market or Watch it Fail

in #steemit7 years ago

Exactly, Bitcoin rewards MINERS with additional tokens for helping sustain the currency. It does not reward those who buy Bitcoin and hold it in the same way.

Holders (or HODLERS lol) see a reward by selling their tokens when the purchasing power of the coin grows, they don't just get free tokens by delegating them to themselves and their friends all the time.

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 74302.19
ETH 2658.52
USDT 1.00
SBD 2.42