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RE: What is it about STEEM that its tanking so hard? // An open letter to STEEMIT.INC
1.Utilize the power of the community. I made a post about this a few weeks back and i emphasized that "call to action" like the one we had during the NETCOINS hype needs to be repeated time and time again and used in any way possible. Simply because ITS FREE.
- Use the damn devs you have on STEEM that believe in the success of STEEM. @heimindanger acts like an ass with his childish feuds with Bernie, but ive never seen someone so invested in the success of STEEM. FFS he earns less then most Dtubers. There are so many like him that will put in the work if their voice is listened to.
- Shove your ego in a box and beat it with a stick @ned. Your last youtube livestream was painful to watch. You didnt even acknowledge @andrarchy was sitting next to you. If you dont show appreciation for others then you will never be seen as a "strong leader" or a capable CEO. All you will get are ass kissers, and those you can find where ever you look.
- Cut everything else. Go with @smooth proposal and move attention from STEEMIT to STEEM.
If you can pull off SMTs then that is something that could turn everything around. But dont do anything if you cant back it with a strong promotion.. Promotion, brand recognition and marketing in general is everything in the crypto market.
It's a personal quirk that I'm always looking for criticism and suggestions. These are profane, but they are valuable. Thank you.
It is profane but nothing ever came from cushioned opinions. And Steem has become one big cushioned echo chamber. Ive had contact with politics all my adult life and what ive seen there, i see here as well. Maybe youve seen it, maybe you havent but not until i saw you flag a witness (agree or disagree with him doesnt matter) for some comments did i think you had it in you to make some decisions. First time ive seen you reach for your stake to make a point regardless of what someone else would say...
With the latest layoffs and controversies i cant say i am convinced that it wasnt a one time thing.
Ned, things need to be done. Things Yes-men cannot do. And no dapp dev can do it, regardless of their coding capability. Either be a leader (and i mean that in every sense of the word) or step down. At this point there is no other option.
Actions and transparency about them is the best we can do. There are steps to take -- both in this company and with community -- including the needed communicating, which takes time -- and avoiding knee jerk reactions. Thank you for your support with this post and the suggestions.
@Ned please abandon this whole decentralize everything crypto-anarchist bull-crap. You are the CEO of a private company. You know what needs to be done better than "the community" or anyone else. Get with a small group of trusted advisors, hash out a plan, and then just go get shit done. The community will love you much more than if you make them feel good by making them 'feel' like they are being included... Just go do what needs to be done, and do it yesterday.
Why? What advantage would Steem have in a marketplace of centralized currencies?
I reckon decentralization - and the power to craft organizations and industry outside of extant (corrupt) mechanisms - is the shit that needs to be done. It is the potential to deliver a platform that can enable others to build outside of captive mechanisms that most promises success to Steem, because it will lure every nation-builder, independent entrepreneur, and outraged activist that faces the current paradigm with it's guarantee of ending up no better than feeder cattle for banksters.
Get your head out of Goldman Sachs' ass, and think about what Steem is, can be, and what it's competition is.
The whole point of Steem is to change that paradigm, not to be just another crypto. We don't need to get in where we fit in. Steem can better create a new table for folks to belly up to than wedge itself a place at the one that already exists.
There is a market for this, and I dearly hope Steem can deliver a very robust mechanism that can serve that market, because the market is practically everyone that pays 50% of their income in taxes, and the competition is strong, well-established, and corrupt to the core.
If you just want to make strong financial returns, there may be less risky investments. If, like me, you are interested not only in money, but the freedom to make money without making obeisance to the banksters (and paying their rent), then Steem is probably the only investment that could produce the returns you seek.
What makes steem any different than the other 2k cryptos out there? I hear you and I get your point about what a crypto could do. My point is, what makes steem be that coin when it is competing against thousands of others? It needs a competitive advantage within the crypto space. Otherwise who cares if it does things better than fiat money and legacy financial systems, 2k other crypto's do as well.
@ned Do you think you get the Smt stuff done in time (2019)?
I think it would be nice in a bad market to get some good news about steem.
Becuase i think if people can build there comunity and business on Steem blockchain, would be a unique thing at the moment.
Told you @ned was an amateur with no skills. Guess it took burning yourselves to find out the stove was hot, rather than listening to people with experience in business, tech and finance. Sorry, not sorry.
Ned, I have one question for you:
What are your thoughts about bid bots? When every post in trending has bought itself there, is it wonder that we're losing users left and right? What happened to proof-of-brain, manual curation? I've been here for 2 years, wish I wouldn't have gotten invested since I was promised something that I never got here.
So how about you push splitting reward pool for passive and active investors, two groups of people, where other just wants their wealth and other who care about Steem for long term and want to curate?
Do you visit Steem's trending ever or read any posts from it? Are you proud of it?
To me it's amazing that you've only said that bid bot activity is "interesting", activity that so clearly changes what Steem's is supposed to be. That alone speaks volumes, and sadly not in a good way.
SMTs will do this, with Oracles, and Communities creating those two filters - and myriad others.
Focus. It's possible that the rigors of channeling Steem and also delivering the many UX that Steem makes possible are beyond a single organization. In fact, I am certain it is.
Given that reality, it's necessary to empower, rather than disestablish individual enterprises, however unsavory they may be, because only a free market might moon Steem. Too rigid control over UX, including Steemit, is a distraction and reduces the potential of Steem to serve all markets.
This is a good trait, because only when we discover we are wrong can we then become right. There's much sound and fury signifying nothing polluting the stark truths that have great value, but successfully sifting through it will gain you far greater wealth than piles of Steem.
I do not envy you your wealth of criticism presently LOL, but hope you are competent to sift through it and gain the advantage the best of it potentiates.
My own view is that making Steem a platform on which unrestricted potential to craft industry, society, and associations is better enabled than it's competition, whether other blockchains, fiat, or whatever, will produce optimal results, for Stinc, for you, and for all of us, including those yet to come who may have never heard of Steem.
Thanks!
This: "Promotion, brand recognition and marketing in general is everything in the crypto market."