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RE: Can we discuss approach to valuing steemit market cap?

in #steemit • 7 years ago

Thanks @jimbogjones Im fairly new to using steemit much so can you explain why you say if the ads were monetised by steem dollars rather than steem? Thanks

7 years ago in #steemit by
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     7 years ago 

    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 :)

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     7 years ago 

    Yes I like this thinking

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