Decentralization is THE MAIN POINT of a system that claims to spread out the rewards, yet consistently fails to do! We don't all have an extra $50K laying around to invest in Steem Power.
The last guy to really break out and become a "whale" was @haejin - who has received nothing but endless harassment for doing so. And, he had to put in a butt-ton of money and hard work to do so. SteemIt claims to reward "good content," but it is only rewarded by those who have Whales as their patrons, and/or spend hundreds of dollars promoting their posts with bots and vote-buying.
Personally, I much prefer to invest in my stacks of physical silver and gold, at home, in my safe. Give those a big 100% downvote. I'll come back tomorrow and let you know if they got any smaller for it. But, they are truly "Decentralized" - out of the banks, out of the FIAT, out of the system - and they are not touchable, except over my dead body.
"This post has received a 19.28 % upvote from @booster thanks to: @whatsup."
THAT'S WHAT I'M TALKING ABOUT! SELF-PROMOTING, SELF-VOTING, VOTE-BUYING MASTURBATORY ACTVITIES. I think it's great!!! Where else can you use a social media platform as if it were a savings account with compounding interest?
I've also put boosters on other people's posts today. I didn't invest 50k, I earned it blogging.. HERE. Fighting whatever the current situation is/was and adjusting my own game as the game changed.
Yawn. It's hard.
Good for you! That's awesome. Hard work can be rewarded for people here on SteemIt. It is good for people who got in at the beginning and learned how to use it. Two years of hard work has paid off.
Exactly, the sad stories about your lack of 50k are getting old. Post, earn, use the money to lift yourself up. Stop tearing down the site and others. It's getting old. You don't know my story, but it doesn't stop you from making assumptions.
Fair enough, but that coin has 2 sides. ;)
Certainly, you'd agree that SteemIt has several nagging flaws. I'd like to think they can be addressed by a SteemIt community, it's Witnesses, and Developers in a more timely and successful way than we've seen so far. But, it's been.. 2 or 3 years, Larimer has moved on, and the flaws remain. In a lot of ways, it's like watching a pack of wild dogs fight over a dead carcass. Because of SteemIt's lack of speed when it comes to adapting to a changing community, I tend to think that better technology continues to be, "just around the corner." For now, it's the best thing going in Social Media for BitCoiners - but I doubt it will remain that way for much longer.
If I had no use for SteemIt, I wouldn't be here. Would I? My money is in better places than SteemIt. I'm just saying, IMHO it's not the best thing around.
No sad stories here; I don't keep serious money tied up in Steem Power. Just 100 SP, so I can participate in the discussions - which are very educational. I'm not the one who has to wait 13 weeks to get to my money when it's needed, just 13 seconds to open up my safe. It's just my way of thinking that stacks of Walking Liberty coins beat Steem Power, every single time - but everyone is entitled to think whatever they want. Steem Coins are great for short trading, at certain times, but powering them up makes them less useful - for me. I make much more profit by trading than I do trying to write a blog and make internet friends.
Lots of people on SteemIt like to be, "trendy," to be all about, "anarchy," and, "peace, abundance, and liberty." So, why the hell would they espouse these ideas, pretend to live by them, and promptly hand over control of their money, for any period of time, to a mixed group of internet surfers?!?! It seems a strange, slightly incongruent philosophy.