With cryptocurrencies we can essentially give people as much money as we want. The trick (probably not the best word) is to tie what we give to some measure of value adding. I think in terms of a place like steemit, it may not be fully unconditional, but instead very minimally conditional via adding some value to the community here (by voting, commenting etc). And important too is that the currency have some other values aside from minimal voting etc. So in the case of steem, the obvious alternative value may come when we get SMT's. But even simple investing growth based on the unique social network model here is an important source of value adding.
With cryptocurrencies we can essentially give people as much money as we want. The trick (probably not the best word) is to tie what we give to some measure of value adding. I think in terms of a place like steemit, it may not be fully unconditional, but instead very minimally conditional via adding some value to the community here (by voting, commenting etc). And important too is that the currency have some other values aside from minimal voting etc. So in the case of steem, the obvious alternative value may come when we get SMT's. But even simple investing growth based on the unique social network model here is an important source of value adding.