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RE: Steemit's Inherent Flaw

My hope is that Steemit corporate will realize they need to generate revenue, will figure out how to do that, and will use revenue to support STEEM. So far they've created an innovative little ecosystem, drawn in a lot of people with the hype, have witnessed a spectacular boom and then crash in marketcap, but now it's time to think long term about value creation.

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I would hope so as well, I understand that a lot of people here are against advertisements. But I would love to see advertisers attach themselves to each post and the money they pay to advertise be converted into STEEM which is then paid out to the people who contribute here. That's the only model I see for providing any long term stability in the currency. There of course may be other models through which the resource on steemit can be exchanged for value to prop up the system, but I have not managed to conceptualize of anyway for the system to stay afloat.

that's a great idea to link ad revenue directly to content producers. i'd still be interested in Steemit corporate doing something to make money and use funds to buy down the STEEM supply. Perpetually high inflation removes incentives to hold STEEM long term and the payout system now seems to encourage people to dump on the market.