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RE: If you have trouble explaining Steemit to someone.. Show them this!

in #steemit7 years ago

I had to describe this to my Aunt last night. I told her it's really the investors who are fueling it right now. So as long as investors believe the market cap will go higher, it will thrive. In a couple of years more fuel than that may be required such as advertising (optional or otherwise) and possibly something like Etsy within Steem which people are already working on I believe.

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Yeah and just like Bitcoin.. It is just a platform, and is only worth how much someone is willing to pay to use it.