I'm sorry for this blunt question, but can someone explain me why a user would buy steem for dollars?
I understand why people start to use Steemit, because it's a nice platform, it's free and you can actually earn money with publications.
But I read numerous contributions from people that expect the price of steem to go to USD 10. For that to happen, there must be very high demand for steem.
Why would there be such a high demand for steem? Why would someone buy steem to give it to other users?
Maybe I'm completely misunderstanding the concept, so please me if I'm wrong!