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RE: Where Does the Money Come From? - Ambassador Toolkit Item
Thanks! I was just getting ready to write a question post about this very subject. I think I understand it a little better now.
Thanks! I was just getting ready to write a question post about this very subject. I think I understand it a little better now.
You're very welcome. This was one of my first posts a few months ago, asking this very question. It's an important one in my opinion.
Feel free to ask if you have any other questions, or can hop into #steemprentice in steemit.chat. Everyone is in there just to help out and answer questions. :)
I had trouble getting into steemit chat, probably my weak chromebook. I'll try again.
My question centered around why a ledger system for exchanging goods and services for services and goods needed to have tokens with intrinsic value, I think you answered that obliquely, in that people won't want them unless they start with original content creation in either goods or services. Why work for a ledger point if they are being given away freely?
Umm, this might be over my head so feel free to say if I miss what you're asking.
The Steem currency itself (and the associated blockchain) are not solely a means of exchanging goods and services (even though it's available without fees) but also an attempt to have a social/blogging site to site on top of it (Steemit) where non-crypto content creators can be rewarded for what they produce. I wouldn't necessarily term this giving 'tokens' away so much as providing a motivational mechanism to draw people from outside the cryptosphere, ideally content creators and consumers alike. Simply getting people over the initial hump of entering crypto is a great benefit to the currency that achieves it by (ideally) causing greater demand as time moves on.
Now for those that are not looking to focus on creating content do still get benefits from selling their goods/services for (usually) Steem Dollars for a few reasons:
I'm sure there's probably others out there that can answer this better (or completely if I missed the mark on your question.)
Well, any elucidation at this point is on spot, since my areas of ignorance are so large!
But I am just learning it out of curiosity. I have a pension, my needs are simple, and time is no longer my friend. I have been a long time promoter of meshnets, distributed services, homeschooling, self-employment, etc. So Steemit seems like a good home for my work.
Feel free to ask whatever, if i don't know, i probably know someone who does. :)
I think you'll be a great fit for this community! :D
If you're referring to the amount being given to SP holders, it's because you receive more based on how much you already have. Syko pretty much answered your question, but I thought I'd reiterate that.