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RE: What is the #1 change needed for Steem - Win $20+ upvote

in #steem6 years ago

I think people tend to forget that in terms of passive investors technically the same thing that is present in most cryptos here. Treat it like a traditional investment.

All the other forms of ROI require activity and go beyond what those cryptos offer. Though this fact may not be communicated very well and that likely works against this.

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I think we need more financial products so that it can be treated as traditional investments. We don't have covered calls on any market for example. So everything in cryptos is high risk, highly volatile.

Yes. I agree. I was mainly saying that steem can be invested in by passive investors now just like other cryptos.

The difference is there are other activities posting, curating, etc that give more ROI but take some effort on the part of the user. They are not required though, they are a bonus.