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RE: Reframing Web 3.0: Is Steemit Destined To Lead The Demise Of Social Media...?
I think steemit is a source of unconditional love and an ever growing society that will sooner or later be mainstream.
There are no downsides to the platform and you don't need to invest anything to participate in it.
Not a source, WE'RE the source, Steemit's the venue for our positivity. It's only that good, but it IS that good.
I didn't witness its start with the high proportion of crap content last year (that much was posted about we can still read); LO AND BEHOLD! The designers, having designed in certain algorithms, and it self-corrected and -selected for quality, and HF19 looks like it's an inflection point of the curve towards a better human, maybe even trans-human, community. I'm 'borged now, and better for it.
The value is entirely generated by the users. I've been trying to explain this to other prospects I'm selling Steemit to. The natural reaction, from people getting scammed so often, is to think that the short-hand pitch mentioned in the above post ("it's a cryptocurrency-backed social media platform.") sounds like some sort of multi-level-marketing. However, the value is based purely on the demand for Steem itself - it isn't paid out by an entity that could be lying to you or go bankrupt, it's a free-floating (though admittedly volatile) price set by a real market.
Real market...refreshing to see one of those every so often.