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RE: The value of Steem and its users: 1 Steem user = 10 Facebook users!

in #steemit • 7 years ago (edited)

Steem derives value differently. Value is genereates when people buy steem and destroyed when they sell.

So if people want to get influence and thus buy the token this is how the value is created. This conpetes with thw advertising model of all other sites/apps.

7 years ago in #steemit by
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     7 years ago (edited) 

    I know how steem derives value , which is precisely why i dont think its acurrate to make the calculations based on just number of users / market cap

    I dont think users have any value by themselves , for example it could be calculated by calculating the amount of sp vested on the network per user

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     7 years ago  

    Exactly @on247 . Pure and simple.

    Who am I?
    BORIS!

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