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RE: Discussion - What are reasons investors avoid STEEM?

in #steem6 years ago

Beta

How much longer are we going be in beta? How many of those 31 ahead of us are still considered in “beta?”

As a gamer, I know a lot of people won’t go near a product that is in alpha or beta. They want a “finished” project cut and dry release date. They don’t’ care if there updates later on or expansion packs. From a physiological standpoint, they won’t go near a beta.

Same goes for the business world. People want a working product that does not have endless connecting issues every week like a beta product. Those kinds of projects carry “extra” risk that most investors want to stay away from unless the ROI is so insane they are drooling at the mouth. Cryptocurrency already has that high risk at its very core which is playing out right now.

Issues

Could you imagine a $1 million investor not being able to connect to the website and having endless loading issues and other issues a few times a week? Almost never a word on twitter or anyone else that they would think to look about website outage or issues.

I doubt they would be impressed if they visit the front page and see someone bidbot up a picture of corn with a payout of hundreds of dollars in the very asset they are looking into invest into. They won’t even understand that person spent more than they will get back out.

New type of investor

I think we don’t need so-called investors at least the kind most seem to be trying to attracted right now. We need more so-called consumers of content with some money to blow. Investor invests once and waits for the ROI. Someone here looking for a good time will keep buying it if that is what it takes to keep supporting content they want to keep seeing.

If a company could run off the blockchain and pay there customers while accepting payment in steem. That sounds like the kind of people you want investing in a place like this. How many even know that's an option out there in the world?

Moving back to proof-of-brain

Does Steemit need its own version of Patreon and are there people out there that will build it? Where people are down powering SP every week or month into the content creators they support accounts. Who then in return decide from there what they need to power down to keep creating the content they want to and being investors by holding.

We have a massive pool of people already trying sell votes or delegations. At what point is there no longer proof-of-brain. That has seemed to have gotten lost on the highway and ran over by a dump truck. That would be a funny meme to see on trending at least.

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Yes. It has become an overly complex proof of stake system. There is some proof of brain still though. There is some proof of brain still though.

Less and less every day it appears.