Am I reading this right?! Steemit,Inc no longer selling steem?!
Wowza! Now that is some big news!
I knew this little graph from a few months ago was a big deal, but I didn't really think they would be able to keep those revenue numbers up:
(Source: https://steemit.com/steemit/@elipowell/steemit-inc-financial-update)
If they are stopping the steem selling for a bit, it must mean they are!
Plus they even hired a new ad guy.
Man this was the best update I have read in a long time!
https://steemit.com/steemdao/@steemitblog/steem-dao-ui-and-pausing-steem-sales
Maybe but what is the other side of it what are they going to do with all that extra steem now ?
For now, not sell it. Which is good enough for me. At some point something good will need to be done with it. Who knows maybe when things are setup they can actually pay for some real advertising with it. Just about anything would be better than using it just to keep the lights on.