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RE: Why It's Always High School In Steemit

in #steemit8 years ago

No, it's not always easy to watch someone get a truckload of coin for a post that wasn't the greatest (in your/my opinion), but as we continue to go forward these things will change.

I just can't see how it is going to happen now. I am struggling with seeing how on earth the price of Steem can even go up much let alone other changes needed here. There is nothing to drive it up, but everything to drive it down.

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This is because people don't understand the economy of Steem. The base payouts are measured in Steem Dollars, not Steem. One Steem Dollar will always be near One Dollar (USD). So mostly it just means that payouts will involve more Steem. I plan to do a post on this, but haven't had time yet. Soon.