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RE: How, exactly, will STEEM go to $10+?
Content discovery needs to be addressed. Tags are great but I wish they were organized and archived more similar to the way subreddits and hashtags on twitter operate. I really don't think people are using the tags to find content that much, especially the "new" segment. If I post a tweet with a trending tag on twitter I get 200-800 views on average. Steemit needs to adapt or it will die
That's again where SMTs and communities come into play. SteemIt contains EVERYTHING, so it's obviously going to be hard to find things. If there is a site built on Steem but specific to one topic (like photography, for example) then content discovery will be much easier.
Correct me if I'm wrong but wouldnt that spread the user base even thinner. It seems contrary to what every other sucessful socail network does to retain users by making content localized. Steemit it is already confusing with its 3 different tokens SBD,Steem,SP adding smt tokens will likely really confuse the public.
I think you got a good point there. Discovery mechanisms are key. Incentive based probably the best but maybe we need to do something about the bots.