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RE: My Steem Origins Story - Challenge by Sndbox
"Where does the money Come from? " is still the most common question from outsiders for me.
Happy for You You can make it to steemfest. Safe travels!
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Thanks my friend! Yes, the money piece is definitely the most challenging thing to explain!
How Do yiu explain? I also say:" attention is a product too."
(Even thought not very romantic description)
For me it almost starts with a conversation of how cryptocurrency gets it's value. Once they can understand why cryptocurrency is valuable - then it's easier to digest the idea of earning cryptocurrency for posting.
That being said - I feel like it usually takes a few conversations. They will digest some pieces of it, and then will come back with more questions and we do this dance a few times.
It really depends on how much knowledge they already have of crypto and blockchain tech.
Are you actually familiar with austrian economics? I ve heard you Are a fan of Ron Paul right? He is like an austrian Gold and Silver lover.
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STEEM inflation, about 9.5% per year. Every 3 seconds a new block is added, with STEEM in it.