You are viewing a single comment's thread from:
RE: Steem price and low demand - Fix it finally! Solution is waiting
You expect users to be rewarded from other users buying steem power. This is a failed business model.
People who will pay for content are the ones with heavy pocket, it has always been and always will be.
If you remove those people you basically shoot yourself in the foot
The only way the current model would work is if steemit has already huge user base and many advertisement contract , then they could use that money to pay for rewards. But bootstrapping a site like this to something like facebook with no speculators/ investors is never gonna happen
People already pay for content and will continue to pay for content. If I could buy Steem Power and get higher quality more personalized content then I would buy it if I could with a credit card or bank account. My own personalized information feed would easily be worth it and the more Steem Power I have the higher the quality of my feed.
Steemit isn't going to have to be like Facebook. Speculators and investors are not necessary. What is necessary is an easy way for people who have lots of money to get the content they want.