RE: What Experts are saying about STEEM and should we be worried?

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What Experts are saying about STEEM and should we be worried?

in steemit •  8 years ago 

We should be comparing market caps, not prices per unit.

Steem spends 10% of its market cap per year to reward posting and curation (plus other costs) which is comparable to what Bitcoin spends on mining. The economic mechanism is very similar, the real difference is where the inflationary funds end up: Steem redistributes them to content creators whereas Bitcoin burns electricity.

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I m not that advanced user like you but knowledge you guys are giving here is immense and will prove very good for future.