As you wrote recently, it’s going to become always more difficult to earn on Steem. Even more so if bid bots operate at always larger stakes.
Which gives investors reasons to put money in.
You are viewing a single comment's thread from:
As you wrote recently, it’s going to become always more difficult to earn on Steem. Even more so if bid bots operate at always larger stakes.
Which gives investors reasons to put money in.
Not if the distribution is b0rked by P2W.
I know it’s difficult to accept that but that’s the fact.
Last we need is people coming for quick daily returns. That doesn’t build better platforms.
This isn’t about Steemit. This is about a whole system, a platform. The Web3.0, the Internet of Infrastructure.
Verticals like Utopian and SteemHunt. Parley. Whatapp (Quora alternative on Steem). SteemMakers.
And all share that same limited pool.
Look at Parley.io and see what’s wrong with Steem right right now. Think that’s what will create a Reddit alternative?
Yet that’s what Steem is about. A whole new ecosphere.
With an already massively flawed distribution, a pay to win game which becomes worse every day.
If nobody can earn anymore without paying for it, critical mass won’t be achieved and there will be no hockeystick growth curve.
That’s not interesting for investors in new platforms. That’s good for subscription model SaaS platforms.
Not for content creation platforms which rely on “come for the rewards, stay for the community”. Then an elite membership club makes more sense. If you don’t care about also offering the large masses to earn a living. About creating vertical social mobility.
About rewarding people for the quality of their contributions.
I don't share your views... We shall see. The internet and social media have never been about quality content. It is about networking.
Investors already know life is not fair. They learned that and then they learned to capitalize on it.
I am fine if we disagree on the vision. That is what makes Steem interesting to me.