RE: Making money with Steem?

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Making money with Steem?

in steem •  8 years ago 

The market cap supporting the infrastructure allows you to take that money out. The infrastructure is funded by people's time and energy. So the money that you take out is supported by continual refueling of time and effort from others.

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So no one is putting hard cash (USD or BTC) into Steemit? How is the time and money people invest converted to the hard cash a popular poster can take out and spend?