Because Steem tokens can't be used to do fuck all.

And if something isn't a medium of exchange it isn't money.

not sure, i kind of get the impression the miners are taxed to fund it

Like if I'm a creator on Steemit, how do I use my tokens to buy food?

looks like you can trade it, so you can sell it for either dollars, or bitcoin, and then sell the bitcoin

just guessing

since it has a market value of $0.866673 right now

cant see why it would be any different than any other altcoin

so a friend of mine got permanently suspended on twitter for basicly the most minor offences ive ever seen

It's going to be a really hard sell to people who would just like to get Paypal'd their earnings. I'm guessing that the bulk of people on youtube don't know or care about crypto and consider it some kind of black magic.

he made 2 videos about it if youd like to see <https://www.youtube.com/watch?v=t_GvgHt4hAw>
<https://www.youtube.com/watch?v=SWGa1B1F7s8>

bitconeeeect

money in general is basically black magic to people

people dont really understand where value comes from

people will never understand crypto either, they will just use it and take it for granted, just like how most people dont understand how e-mail works

Which is fine really, if you want to appeal to the broadest possible audience.

And if there is to be a real alternative to these social media platforms, the broadest possible audience is what needs to be targeted.

Folks who don't ever want to know what a blockchain is.

Who just want to buy things and get paid.

yeah you really don't have to understand anything, you just need to know that swiping your card gives you the loot

I hope that eventually maybe 2-3 coins win out and become the standard. Right now having a new altcoin every 15 minutes is making the cryptocurrency market less credible and more volatile (and therefore less valuable).

life is easy for people who are evil

man, Im watching some of the bullshit fake journalists spew

they know they are lying to

I bought a bunch of litecoin a few years ago but it doesn't appear to have gotten any traction.

the activists defending antifa after charlottesville when I know for a fact that they are lying becuase one of them has been seen in photos at white nationalist events

i dont mean rallies

i mean private parties

drinking and smiling n shit

then they claim they are being threatened

If you don't believe in objective reality then you can believe whatever is most convenient for you at the moment. Now they probably really believe they were being threatened even though the record says otherwise.

nah they r lying

Lying implies that one believes in truth.

true
saying something untrue != lying

Postmodernism is a helluva drug.

Tim if you have not read or listened to Explaining Postmodernism by Stephen Hicks it is really worth your while.

https://www.youtube.com/watch?v=qQcNjHNXnEE

lying means they intentionally expressed misinformation

@Atkins about steemit, the closest i came to an answer about "where does the money come from" seems to be that basically people get paid with interest, and actual money comes from basically investors or people who pay you for the token. So there will be 100 tokens in the system valued at lets say 1000 bucks in total. A new steem token is generated so there is now 101 tokens but still only 1000 bucks of worth unless someone decides a token is worth more than 9.99 bucks or whatever.

yeah in this context it certainly sounds like they were intentionally lying

everyone lies though, but some people do it more frequently and about bigger things