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RE: Where does the money come from? A look into the economics of Steem.

in #steem8 years ago

Simple Question:

Who is buying Steem Dollar?

Simple Answer: The founders, they sell their STEEM for Bitcoin and buy for a part of the Bitcoins the Steem Dollar back, in order to run this show. As soon as they stop buying the Steem Dollar, everyone will see:

The King is naked.