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RE: Steemit - What am I missing?
It's your responsibility as an investor to profit using the platform in whatever way you care. Steem power gives you visibility and the users have money. Eventually people will start selling stuff here. Go make it work. Don't just sit back.
Right, but if its free to join what incentive do readers/users have to invest in steem and begin paying the content creators? I apologize if this is extremely obvious.
Content creators are paid by the inflation. They are the PR engine that bring all the boys to the yard. As an investor you can sell/convert your upvotes to a profit or create your own brand to push. You invest in steem because you think the core values of the platform will make it grow. Free speech, the money system and open innovation at the edge.
Ok, that make sense. I'm thinking of it from a pure risk/reward standpoint.