I have said this before; the problem is that there are too few people with power here (its HEAVILY centralized, not decentralized at all, which destroys the whole point of social media - its like Rupert Murdoch having a forum on which he only allows the opinion he likes to get published) - no amount of small people liking a post will give it anything like the reward of one "whale" liking an introductory page or a stock photo.
This will remain a pretty useless place until that changes. Just look at the content being posted. Mostly junk being posted by friends of the whales to get rewards and a thousand wannabees who also post junk thinking that it will work for them also.
People who write intelligently like you are very rare.
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I think there is a problem with whales, but I wouldn't go to the extreme of this place is "useless" I posted on Facebook for like 8 years and never made a penny, even if I'm not one of the big fish on this platform, I made more on my first post than I ever made on Facebook.
I'm not sure anyone is out there arguing that it's perfect, but it is refreshing as hell to see people making an effort to give back to the people who provide content.
The hope is that in time as it becomes more popular, some of these issues with the whales and such will be more ironed out, but even if they weren't it's still a MILLION times better than any other social media including YouTube in terms of how it gives back to it's content creators.
And in regards to what's being posted, I disagree again. I see a lot of good stuff, I find it more interesting usually than my feed on Facebook. So..
It sounds kind of like you have a few valid issues, and then you just demonize the entire platform cause it's not 100% perfect even though it's making much more progress than any other platform in regards to rewarding the people who use it.
I guess you could argue YouTube has probably paid out more, however.. You could say that platform is the same and it's only the BIG FISH who make money over there as well.
I've only made around $4 on YouTube.. But here on steemit, my account has been worth up to 6.5k, in roughly around the same amount of time using it.
The price fluctuates of course, but I could have cashed out for that much already.. So I mean.. Clearly.. A smalltimer like me with a small audience has made WAAAAAAAAY more on this platform than any other platform, no.. More than ALL other platforms combined.
What's your argument in regards to that, plus the fact that it's a lot less censored here? How can you say this place is useless, when I've made more off of my content here than ALL other social media combined? And I'm not a whale, I dunno if I'm even a dolphin.. I'm definitely not one of the big fish.
Maybe you're just following some boring blogs, most of the people I follow post awesome content regularly.