Everyday on Steemit there is an indirect value transfer from Steem holders to content creators...
... the beauty is that nobody feels it!
Peace,
dan-atStarLite
Steem Takes The Friction Out of Tipping
7 years ago by dan-atstarlite (66)
$48.74
- Past Payouts $48.74
- - Author $43.84
- - Curators $4.90
64 votes
- + thejohalfiles: $22.507 (15%)
- + roadscape: $5.168 (8%)
- + themonetaryfew: $4.102 (100%)
- + nanzo-scoop: $2.513 (10%)
- + vcelier: $1.874 (10%)
- + teamsteem: $1.395 (2%)
- + dan-atstarlite: $1.370 (100%)
- + jrcornel: $1.333 (10%)
- + btcmillionaire: $1.053 (100%)
- + luisneira: $0.957 (100%)
- + brian-rhodes: $0.734 (100%)
- + ezzy: $0.685 (15%)
- + jaybird: $0.567 (100%)
- + steemit-health: $0.541 (100%)
- + gregm: $0.435 (100%)
- + pharesim: $0.392 (0.3%)
- + gokulnk: $0.384 (100%)
- + barrydutton: $0.351 (18%)
- + daniel.errey: $0.327 (100%)
- + superstar: $0.313 (100%)
- … and 44 more
That is pretty genius man now that you explain it. I had no idea about the history of the tipping concept. People love things that are built in and automatically have to do... and believe in without thinking... like fiat! haha, Seriously, ty
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lol exactly 😎
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New view points on the governance of Steem I get from your content.
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Did you read the whitepaper ?
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Great video. When I try to get people to join steemit I send them you're youtube channel and tell to just start going through the videos and to just play Steemit. I've read the white paper and watched all these videos and I've fully bought into the system. I don't have a problem with inflation as long as it's transparent and consistent. A currency is about supply and demand, but what makes it different than a stock or another security, is that the demand is measured in VELOCITY. For example, if one person bought up all of Bitcoin it would be worth $0.00. With currency, its about people using it for transactions, which is why I'm so bullish on Steem/Steemit. A reasonable, steady, transparent, inflation rate, for a young a system like Steemit, will increase the number of transactions, i.e. the velocity. But even more, we are constantly making transactions with it every day we use steemit. The system promotes velocity of the currency (which again, IS the demand). As long as the currency will be constantly used in trade, which the social media aspect takes care of, I believe this will negate the quantity increase of Steem (which won't last forever at 9.5%).
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Good point. Steem's transaction numbers are a force to be reckoned with!
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Do you want to talk about How does it happen the "transfer" of value you mentioned? And how does the reward pool work?
reSTEEMed
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Thanks! I go into great detail about the rewards pool here:
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impressive - nice to see to dived about it already
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Looking at Steem in a different way , I like learning that from you . Earn , give , recieve
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Thank @journeyoflife 😎
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Always :)
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I'm investing in alt coins and steem popped up on my radar just a few days ago, and it seems like a great concept so I guess I'm tipping :) props on the video
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Welcome @insertcointent
Have FUN here on the steemit.com platform.
Just my 3cents worth being Frank, so I guess I'm tipping :D
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Cool thanks! STEEM is definitely worth looking into IMO
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Put still any about manor heard.
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What can I say lol... Steem is smooth and easy to wrap your head around
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thank you or this information ;) beauty is that nobody feels it!
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Very interesting, i need to investigate more.
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There's a document called steemit whitepaper, you might find it useful
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Thank you!! Yes I know this... I go and look more this.
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Dan's beard game is always consistent.
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Bustin out knowledge with those stunna shades :)
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@alberti
Link 👇👇👇
https://steemit.com/writing/@alberti/future-steemit-201792t3506727z
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Great topic @dan-atstarlite
Thanks for sharing
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Hi!!! A wonderful post))) I will support you! I also collect friends. I follow you, you can also follow me, and you will get good content from me) I will be happy for our friendship)))
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