Below are some highlight-worthy quotes from the article, but I just want to say that I think this is a great sign. I couldn't care less about Yahoo Finance, or anything from Yahoo. To me this just means that we're breaking into the mainstream. Things are moving in the right direction. They're gaining Steem :)

Quotes from the article:

"Scott, a former analyst at food-industry private equity firm Gellert Group, and Dan Larimer, founder of BitShares, launched the network and the currency in April. Since that time, its market cap has ballooned from $2,000 to $300 million. The platform is very young, and has its problems, but it shows impressive potential."

"...more steem is created from more activity on Steemit, and the $300 million market cap of steem is enough to rank it No. 3 among all cryptocurrencies, according to CoinMarketCap, behind only bitcoin and ether, the currency of the Ethereum network."

“It’s internet points, like you have on Reddit, but now those points have real market value,” says Scott. “People are earning money for doing the things they were doing for free before. People spend all this time creating free content for social media companies, and now they can be rewarded.”

"That sounds pretty good. And indeed, multiple Steemit users say they have cashed out more than $10,000 from posting on Steemit... Steemit says it has seen more than 700 new signups every day for the past week."

"Heidi Chakos [Hive account@heiditravels], a travel blogger, says she paid off her credit card bill this month entirely with money she made on Steemit. ... “For others, it all might seem farfetched at first,” she says, “but in my experience, once you explain cryptocurrency to people, they get exited about it. I think Steemit is going to blow Facebook out of the water.” "

"... as a test, I posted on Steemit. It was nothing special: I wrote that I’m a Yahoo Finance writer and I was exploring Steemit to write a news story about it. My post quickly amassed 61 votes, which translates to $75.04 in steem power. The system cashed that out to me in half steem power, half steem, so I have 37.5 steem dollars in my wallet, which translates to $120. Not bad."

To view the article, go here: https://finance.yahoo.com/news/steem-steemit-bitcoin-reddit-cryptocurrency-000000501.html

New video: Mistakes I've Made on Steemit, and How I Plan to Fix Them

This article was referred to me by the (now) brand new user Hive account@charhawk!