Simply put. Nice 👍 

What I think I sound like when I explain where the money comes from to a normie

https://www.youtube.com/watch?v=fsaidN93VnA

@tipu curate

This was the question I asked before joining steemit 
> Where does the money come from?

But surprisingly I can't really explain.
Thanks for the post

Simple is good, and I applaud you for keeping things as simple as possible.

I believe one of the ways non-tech, non-crypto people often get lost is in looking at "value" vs. "utility." At least, that has been my experience, when pitching Steem to the external world. 

People can "understand" that a $20 bill has no tangible value by itself; the value is simply something we agree on. But I can give you a $20 bill, and you might give me some eggs and some apples in exchange. But if I give someone 20 Steem... it doesn't represent any *utility* to people. Or the utility is purely *conceptual.* If you switch gears and liken Steem to shares of stock — because we are talking about *investments* — it breaks down for people, again. Common stock represents an *ownership share* in a *tangible company.* The company way not be worth a used Kleenex, but there's a *thing* there. With Steem... there's no *thing,* just an idea; a concept. So that leaves it hanging (in currency AND investment terms) out in the dodgy territory of *exotic derivatives.*

Which is why I have been shouting that we need *tangible use cases* from the rooftops around here for three years... and it usually falls on deaf ears. To *validate* what we're doing, we need use cases that extend beyond our little "inner circle" of developers, nerds and blockchainiacs... *LIKE* the new LeoShop that has grown out of the SteemLeo SCOT tribe. We need something like an eBay/Craigslist like peer-to-peer market that makes it incredibly obvious to observers *"Ah, I see that there is a real PURPOSE to this thing you call Steem! I want to get involved!"*

Sorry for "going off" a bit, there... but this is an old hobby horse of mine...

I just ask where their fiat money comes from... that always makes for a fun conversation

Posted via <a href="https://steemleo.com/">Steemleo</a>

> *I made this post when SBD was still printing, and I am leaving in the references because I think SBD will soon be printing again.*

You jinxed it! :D

Simply put. The more the demand, the more the value increases.
On the other hand, the less the demand, the less the value.

Posted using [Partiko Android](https://partiko.app/referral/maxwellmarcusart)

Simple is good. I liked the post even though I know most of it already. Good to refresh myself on it

Hi, @whatsup!

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You made it simple to understand, the old "where does the money come from" is always hard to explain to people since they have their brain configured to the current fiat system and Web 2.0, especially when the question is about STEEM and their current understanding of what "inflation" is isn't the one we normally use in the crypto community... I normally say something like, "The value of it is all based on supply and demand and demand comes from people seeing value in it..."

I do think however that all Steem dapps should put ads and use their ad revenue to buy and power up STEEM and upvote their users to decentralize the SP throughout the more active users, this would provide more demand, less supply on the market and would decentralize the SP hodlings more. Doing this would provide a much easier way to explain where the money comes from... ad revenue being stored on STEEM.

Regarding the upvote part, can you believe that there are still some steemians who have been in this for a long time(3 years +) that didn't know that the reward pool comes from STEEM's inflation...

"Demand" , that is the key word

Quite simple for the understanding of any fresher. Thanks for this
 I can use this as a tutorial guide for my Steem referrals.

Hi @whatsup

Your simple and good explanation should be a separate section of the Steemit FAQ.
If you allow me, I will add a link to this post in my posts as I keep getting new Steemians coming to my digital photo contests.