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RE: Is The DAO going to be DOA?
In the case of Steem, there is a constant need for new content because old content decays in value very quickly. Here we assume that new content is worth 10% of the market cap per year.
(aside: that issue will be fixed soon, don't worry it counted as an upvote).
Sure, content is a cost of business for Steem, but I interpreted it like you were promoting forced R&D spending.
Which could still work if you see Amazon as a prime example...