You are viewing a single comment's thread from:RE: A little STEEM can go a LONG way...View the full contextpropane (45)in #promo-steem • 8 years ago I barely see ads on steemit so how is this site making the money it pays people?
The intrinsic value, and part speculation.
The US prints money out of thin air all the time.
People speculate on everything from baseball cards to beanie babies.
You can trade Steem for USD because people with USD see value in Steem.