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RE: Doug Casey on Social Media
While I love your enthusiasm for steemIt Reality move maybe another application on this steem blockchain Will actually be the winner The problem with the steemIt is it is not reacted to the needs of its customer base And that is killing it it has been around For 2 years and it has not not addressed the simplest requirements a social media userbase Such as communication , configuration, storage of articles , Wizzywig design , and a whole host of other issues .
In addition Growth spurts For it is not geometric, early adoption needs to be applied with a geometric growth early on To get Minimal market penetration, say on the order of 5 to 10%, this team platform with all of its users, Does not even come close 2 One 10th Of 1%.
Add to it they have Ed their own barrier to user adoption by slowing down the sign up phase They have literally tossed them selves away Millions of users.
This is a significant Significant Problem .
Because you cannot get back a majority of those users Acquiring early adopters Is extremely difficult When you let them die on the vine You poisoned well For yourself . Without re branding Willie do not know That it is you Who they originally had a bad experience with They won't come back And that is a very tough road to follow
Your words strike true. Let us see what comes up in the future.
thanks!
much appreciated