When too many SBD are generated, the value will rise or fall accordingly due to the incentive to vote more or less, meeting market demand.
RE: Money for Nothing
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Money for Nothing
Authors get paid when people like you upvote their post.
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Advertisers have incentive to buy STEEM to promote thier posts, thereby creating a demand for more SBD to convert to STEEM. It's an elegant design really.
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That is a great point. Is there a mechanism for that, though? Can you make a "paid post"?
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Ah, I see. You buy a lot of steem, power up, and then you upvote your own posts. It would be a strange model for advertisers, though: You'd have to pay a whole lot of money in advance, and then get an unlimited number of (slightly?) promoted posts. Eventually, you could even make the money back, or not?
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Ads sell product which generates capital, they are an investment tool
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