CEO of Steemit explains how Steemit works

Twitter and Facebook stock prices dropped 20% this week, which was a HUGE drop, and the largest single-day-drop in facebook’s history. The growth of these social media behemoths seems to be stalling, as people find alternative platforms.

One such platform might be Steemit, where users can actually earn money for posting content. I chatted to Ned Scott, CEO of Steemit, while at Consensus this year.

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