The real question is not where does the money comes from. The real question is this: Is the price of Steemit sustainable in the long term if only speculators and traders are buying it?
Content creators don't need to buy it, they create their own. Why a speculator would buy Steemit for the long term? It'll only dilute, yes you can power up but that means it will eventually dilute too, just a lot slower.
So what's the incentive to buy Steem? To power up and earn more curation rewards? That math doesn't add up. That's the question no one answered me yet.
RE: Where Does the Money in Steem Come From?