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RE: Cryptoeconomics: A Brief Discussion
The thing that appeals to me about the steem blockchain and steemit in particular is exactly what you mentioned above: trading labor for stake.
There is so much talk lately about guaranteed minimum incomes due to a chronic shortage of jobs. And much has been said about the cultural value of performing work to provide our subsistence. Right here is our answer. The longer I am here the clearer I see that this is a model for the future of economic activity, period.
I couldn’t agree more. Extremely well said