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RE: Where Does the Money in Steem Come From?

in #steemit8 years ago

I believe what is displayed is just the author rewards so you get 50% of what is shown on the post in SBD. I agree it may feel a bit misleading to new users, but people are getting the dollar value in Steem power so technically it makes sense. I think it's ok, but if too many people feel otherwise perhaps it can be changed.

It's hard to objectively quantify value on the Internet. Businesses and online advertisers will try to estimate value based on traffic, but there are still uncertainties about the quality and relevance of traffic. There is also a long lead time before popular content online is recognized on search engines and generates a lot of traffic. That's why subjective measures like the way the system works now is fairly good and members are able to curate unique quality content more quickly.

BTW your English and grasp of all these technical concepts is incredible. It's as if English is your native language. I read your last insightful post re: livestreaming vs. Steemit. Cheers.

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