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Last I've heard, money on demand doesn't exist. Steemit threw that concept straight out of the window.
I have a concept of proof of work. Where the work you do is actually valued in time. Since the only boundaries are those, set by time locks.
STEEM=TIME
Here are some reasons why printing your own money is cool:
- No one can stop you
- I'm paying with my own time
- How do you tax time?
- You can't regulate time
- You can't delete time