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RE: Would Mass Adoption Make Steem More Equal?
Excellent choice of topic @hobo.media
It is undeniable that as more and more people adopt the Steem ecosystem that it will become more expensive to buy STEEM to power up your account for resource credit and upvote uses.
But isn't also true, that if price of STEEM will grow then you will need less SP to have 0,01$ upvote? If price would grow 10 times (to around 1STEEM=2,5usd) then you would need 22 SP instead of current 220SP.
Am I right or wrong?
I hope you don't mind that I will share this post with some people I follow (or who follow me) and I will bring some traffic? Would you have time to reply to their comments?
Yours
Piotr
You are right on the value of your upvotes requiring less SP to get 0.01 I am just not sure of the exact percentage but when sbd was at $15 and steem around 7, it took about 30 or 60 sp to get that 0.01 upvote. When i had about 600 sp my upvote went as high as 0.12 before the downward spiral we have had for the last 6 + months.
Thank you for your kind reply @bitfiend
Appreciate
Piotr
That's absolutely correct. I think at some point we might have a lot of members that only have 0.01 SP. That sounds crazy right now, but the math makes sense if you believe, as I do, that Steem will reach Facebook level popularity and have around 2,000,000,000 accounts. At that point, I would think one STEEM would be valued around $1000, which means 0.01 of a STEEM would cost $10.
Good morning @hobo.media
It seem that Ive managed to get you some extra traffic and several valuable people did drop some valuable comment :) Im glad to see that.
Hope you're enjoying and replying to everyone :)
Perhaps you could also drop few comments in different topics and engage with other authors Im trying to promote?
That would help me to establish more healthy connection between you guys.
@robertoueti:
https://steemit.com/steem/@robertoueti/the-past-we-had-internet-now-we-have-steem
@pangoli:
https://steemit.com/life/@pangoli/yysnqeg-you-re-not-good-enough-to-be-discouraged
And also please check out my latest post and drop some comment too :)
Cheers buddy
Piotr
Yes when i started also the steem was 2x stronger than now and 75Sp was enought to get 0.01 vote.
This post is good but actually the question is how to solve this? How we can get more users?
Maybe i am old fashioned but i think it will be also good to use steem to make some real world ( not online ) businesses. And the delegators instead of tokens they can have they percentage from the monthly income. For that income of course the person who make his project will buy sbd or steem and with this helping the price to stay stable or grow.
To make projects online is also fantastic idea but important that we also give back something to the steem ecosystem.
By the way thanks for your message anytime you can share me a content i am happy to read😉
P.S. Right now i think partiko is doing the best for us for the mass adoption. They app and work is fantastic.
I agree, I've been thinking a great way to onboard people to Steem is a coffee shop. You could make a special deal to customers for them to get an account for $3 plus $47 for powering up the account and if they delegate something like 30 SP to the coffee shop they get free coffee for as long as they remain delegated to the coffee shop.
Then the coffee shop could utilize the delegated Steem to upvote their own promotional posts and upvote others that promote their coffee shop on the Steem blockchain.
Wow that is a cool idea. And the best that i think it is possible to make it. Doesnt need even a big capital.
I have also some ideas. But the one i really like is to make a projekt here to fundrise money or delegation to buy eletric tricycles. or if there will be a big interest than eletric jeepneys. Here in phiippines most of the time is sunny so even it is possible to charge with solar power. So all the expenses is just the drivers and the permits. And than the income can be tranfered to the delegators. I already saw in my imagination the smal eletric vechicles with a steem sign on they side running with they passangers😊
But this is just one from many. And actually yours can be miad more easily. If you can do it than lets try it. You cant loose nothing😉
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Great Idea! I too have been working on this Coffee Shop idea but I'm pretty sure that Steem is Dead and @ned is moving on to go screw up something else.
The coffee shop could use delegated Steem, not to upvote their own post, but upvote the posts of the Staff or the people working for the coffee shop. Perhaps SteemIt INC should've looked at themselves as a coffee shop instead of a ninja mining group.
Onboarding has always been the biggest problem with this network. Hard to get people to adopt something that the inventors themselves cannot use.
I am not sure in this. By the way until we are here the steem will be not dead😉 And anyway if you check the other social media platforms steem is the best oportunity right now. Just as they use to say in marketing the 3 year old business is still young😊
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Thank you for your kind comment @gabbynhice.
Your welcome😊 I am always trying my best i belive in this community and in steem. I wanna say thanks @crypto.piotr to share this post with me and since i also gave you a follow o saw more interesting posts as well.
Posted using Partiko Android