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RE: STEEM QUESTION: "IF A BANK CAN CREATE DOLLARS OUT OF THIN AIR, WHY CAN'T I?"
This is true. Good article if I understand you right the value of the steam currency is based on what people are willing to make it into. The time and value of the content contributed by others becomes the value of the site itself equating into the Steem currency.
Yes....new steem is created every day based on the demand (growth) it needs to match. As I see it.