You are viewing a single comment's thread from:

RE: Where does the money being distributed come from ?

in #steemit10 years ago

The money comes from inflation. Steem halves it's value each year because it doubles it's supply. Of course this is assuming it acts like a currency. Now 100% of the new currency is broken up two ways, 90% goes to people with steem power and steem dollars, and the other 10% goes to content creators. I believe this is how it works, and anyone is free to comment with their thoughts under mind. Thank you.

Coin Marketplace

STEEM 0.06
TRX 0.31
JST 0.060
BTC 71307.64
ETH 2164.66
USDT 1.00
SBD 0.50