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RE: Everyone seems to be making money, can Steemit survive long term?

in #steemit8 years ago

You can't create money without creating value. The content on steemit is not valuable enough to pay such amounts of money. No real money is invested into the system apart from some people who believed in it enough to buy steem power. The most majority of people only want to cash money out of the pyramid. Unless some investor with very deep pockets kicks in, all of this small fragile economy will collapse.

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