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RE: Where Does the Money in Steem Come From?

in #steemit8 years ago

The only thing one thing is there is a stigma with creating money 'out of thin air' so I would try to de-emphasize that. That's why I like the company example. You are actually creating money from digital company assets or digital commodity assets in the case of Bitcoin. Anyways great job!

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Yeah, fiat currency is money out of thin air (nothing to back it) so I'd ask how is this any better & I think the other factors mentioned help answer it.

Thanks. I agree :)

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