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RE: Is Steem Broken? Is It Fatally Flawed?

in #busy7 years ago

I think that if current steemit users started posting the same types of content that redditors did we would be in a much better spot. I'm still trying to find quality users to follow.

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A much better spot for whom? What is reddit's revenue structure? They do not pay for content. What is the business value?

Medium does pay for content. And charge readers for a subscription. I personally do not like the model, I would much prefer the initial vision for steem, but it shows there is money to be made from quality content.

However I do agree that maybe the "quality content" model may not be the future of Steem.

With the exception of the repost moderation that I've heard steem prides itself on, the two are almost identical platforms. The only true difference is that steem is worth a value in real world currency, whereas reddit karma is virtually worthless.