I guess more user will increase the market cap and increase in market cap will sure increase STEEM value. I remember when STEEM value was high, a plankton can vote with $0.01 value.
With the current price it is impossible.
More people involved with increase equality and some might be millionaire whale, but the will spend more to some plankton/minnow to have more STEEM.
I really agree with mass adoption, but currently it is not easy to register with steemit. Some paid registration services turn off a lot of content creator because they got used to YouTube like ads revenue.
STEEM needs a lot of money from whatever sources to pay for new registration. Hope more investor can look into this because those people they help to register on STEEM may benefit them in the future.
Tldr; Hope there is a solution to have more people to register to STEEM for free.
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It's never that simple. Retention doesn't exist so even if you have new people who come in then it's a matter of how to keep them. Why should they stay when in a few months even newer participants come in and get the upvotes?
Steem does not offer very much if any incentive for long term participation. The economics suck.
That's true, sign up is difficult.
Thanks for comment farizal!