RE: Steemit We Are An Experiment
@webcoop: Look no further for the potential of steemit than just see how this post itself has fared.
While you are extremely sceptical of the potential of steemit, you still earned $165 in rewards simply for sharing your insights here - which other platform wold provide such a reward system that makes it worthwhile to post your opinions and insights and as long as people find it valuable, gets rewarded? None really.
To put things in perspective, as a blogger and , I have posted great content over the years in various platforms - Blogspot, Wordpress, Facebook and none of them even earned me a penny! I've written countless 1500 - 2000 word articles educating people on various things, sharing ideas and knowledge on a host of topics and this one post has outearned my 12 years of earnings. Truly ironic, isn't it? :-)
Also, I often get annoyed by this whole "moon moon" thing - seems everybody on any cryptocurrency only wants the moon without sparing a though to see if that platform is constantly creating value and solving real world issues :) ... When currency/token simply rises for no reason, that creates a bubble.
Steem may not be shooting through to roof today, but it has a solid foundation in place - an ecosystem that makes it worthwhile for a user to participate in social media in actual monetary terms. When more projects are built on steem, and the potential keeps getting realised, the token value of Steeem dollars will appreciate.
I am one such user who is willing to wait and be just stay happy creating good value content and getting a readership till that happens. A platform like steem is invaluable for somebody like me who spent more than years creating original blog content and never got rewarded apart from gaining a handful of likes on facebook - Steem gives me the assurane that my time and energy accounts for something in the and and that's why I'm on it. :)
yes you nailed it there. The problem is this is mainly for bloggers. Bloggers who wants to make money for their blogs.
When a good quality post will only earn a few cents, a non blogger at heart will just quit because they will say spending few hours making a good quality article for a few cents is not worth it. That few hours spending creating blog could be spent somewhere else better.
That is the reason it is hard to get a wider audience because steemit is limited to only bloggers. We might just have to wait until a better version or another site that will actually create or implement a social media functionalities before we invite others.
But that don't mean we stop inviting other to steemit, we never know we might make them a better bloggers than they think they are.
About the investors, people do invest in steem and steemit due to it being the first to couple social media and cryptocurrency and we are looking at it as there is a future for it. It might not running as a bull right now but it might one day when more and more apps and website adapt to its structure and using steem.