How does steem earn $ to pay us?

in steem •  7 years ago 

I'm just curious as to how or where steem is getting $ to pay us out for our contributions and articles. It can't be from ads cause ive never seen one. I am still new to this community and just interested. Thank you, Cheers!

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They pay you in a native cryptocurrency called STEEM and STEEM Dollars. They are somewhat complicated to explain BUT their value is derived from market value from the exchanges.

Thanks alot for your response! It helps but i think i'm still a lil confused and more research on my part is needed. This whole cryptocurrency thing is new to me. Ty. Cheers