RE: Is STEEM still a good buy at $2?

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Is STEEM still a good buy at $2?

in life •  8 years ago 

I'm still a little confused as to how Steemit can afford to "give away" all this "money"? It all still feels a little too good to be true

life
8 years ago by

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      ·  8 years ago 

    current dollar assets are inflated 9% annually - that goes to rewards - and that is compensated by organic growth. That growth is supposed to be much stronger than 9% annually in coming years.

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      ·  8 years ago 

    Thanks for the explanation. appreciated

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      ·  8 years ago 

    It's not really given away, it's mined. There is no payor.

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