RE: Why Does Steem Lag in a Bull Market for Cryptocurrencies?
Many people are really stupid and uninformed... Bitcoin was called a scam as well in the beginning... People just do not care about reading a 45 page whitepaper in order to understand how this can work. So they think that this is too good to be true and just stay with the market leader, even though with him they have to wait 3 days for a confirmation.
I think this is really the main problem... The median Facebook users is stupid as fuck... sorry to say, but it is like this... a billion stupid as fuck users we are trying to convince to get here.. only the top 10000 Facebook users are bright enough to read the Steem Whitepaper and come here...
Bitcoin was already a challenge... Many people needing 8 years to understand that easy technology... they might need 40 Years to understand concepts like Steem Power, Steem Dollars etc...
Also the majority of the Facebook users are financially illiterate and do not have a clue what they have to do in live...
Sorry for the Facebook-user rant... but as said.. the intelligent Facebook users are already here... sorry to say that there are not more of them...
So if we already have all the intelligent FB users, does that mean the top end has already been reached and there is no where to grow?
That's not on them, that's on us. Or, more specifically, on steemit. It ought to make things user-friendly. Or stupid-friendly, as you may perhaps prefer to phrase it. And that's true for all cryptos, and the biggest barrier for widespread adoption.
Every single person I recommended this site to, I had to hold their hand through the account setup process.
That's not a good thing.
You certainly raised a valid point in saying that the intelligent Facebook users are here already. I have posted several times encouraging and inviting others to venture over to Steemit and I get that dull, glazed over look as if I'm speaking a foreign language. I suppose they don't want to make any sort of income for wasting time and posting shit.