Why I believe Clif High is wrong when he says Steemit has no revenue stream because of no advertising.

Content has value. We create content exclusively for Steemit. People want to reward us for that and join in the community. In order to have influence you need Steem.. This creates demand.. Over time accounts and transfers are lost creating more scarcity. We can bring in advertising at any time if we choose but it's not necessary at this point. This guy might know a lot but he has missed some serious details on Steemit.

Minute 36 of this video is where he mentions Steem/Steemit.

Please follow me on Steemvoter or Streemian! Join the Discord at http://Steem.in

P.S. I've seen a TON of people shilling referrals, products and services on Steemit.. that should count as an income stream. We have advertising, it's just not centrally controlled by StInc.