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RE: Can we discuss approach to valuing steemit market cap?
Sorry what i mean't was if advertisers had to purchase steem to buy ads, it would create a micro economy.
Advertisers would purchase steem.. which creates demand for it.
Then the publishers (us) can earn money from the ads rather than just being upvoted.
So steem will go in and out, here and there, and hopefully increase in value :)
Yes I like this thinking