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RE: Why would anyone invest into STEEM if it is so inflationary?
steemit.com will gain in popularity and once there are many users there will be double the eyeballs.
Advertisers Promoters etc. love eyeballs and will buy up Steem to increase visibility for their content
A few years ago, there was talk of a social website that doesn’t charge its users or even sells anything intangible; yet earns $100+ annum per user.
Now imagine if that site allowed for its content posters to earn some type of revenue, or a sort of profit-sharing for contributing to the site’s success? That’s how I see Steemit setting itself apart from all other social contributing sites.
For those still wondering, the aforementioned social site is non other than Mr. Zuckerberg’s Facebook. Go figure...
I believe advertisers are the endgame as well. But...
That makes sense, I did not think of that. Thanks!
What's to stop mainstream media from throwing their huge amounts of cash into Steem to override any wholesome intellectual discussion on here?
You are right, I am seeing this right now.