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RE: Through The Eyes Of An Investor...
I know people who have invested thousands in Steem. Some of them do exploit vote sellers to get a return on that, but they also create good content and give out good votes to others so I don't mind too much. There are others who just take and there are ways to deal with them. How it all works seems likely to change again but the big players need to consider whether the masses will want to join Steem. We need some mix of investors and regular users for it to keep going and gain value.
Yeah, this is so true.
Seems to me that many of our "big players" wants investors more than anything... And I won't tell them that it would be a bad decision for Steem, but I totally agree with you that they need to consider if they want masses or not. I am all for masses, but many of the things I see and hear seems to counter that.
We need content to make the platform attractive and a lot of people who can provide that do not have funds to invest. They want to earn from what they do. If Steem becomes just about self votes and bots then it will lose value. I know it has been going that way, but there is still a lot of great stuff here.
I've seen a bunch of cool things going on lately, but I am still skeptical. Especially due to the sort of "mixed feelings" there seems to be about bringing in the masses or not. Everyone wants to profit, nothing wrong with that, but you can't eat the whole cake and expect the cake to magically just appear again.
People have to sacrifice something at some point.
I want to see far more people benefiting from Steem and not just a few who probably do okay anyway. For those in places like Venezuela or India a few extra dollars can make a real difference. For now it is a bit of a closed club. There are issues with usability and abuse, but things have improved a lot in the last year or so with far more options in how you can access Steem. For me the money is a bonus as I like being part of a community.
Exactly. How cool would it be to actually give a large portion of Steem there. Instead, we often see pretty much the opposite happening. Downvotes and flags for "disagreement of rewards" or whatever... It's weird.
This is and could potentially be a real game changer, but money is the first and most important reason for people to come here.
Steem has always been advertised like a place where you will earn a bunch of money for sharing whatever content you want. It has been advertised like a "clone" of Facebook, but decentralized, and with the money-factor. With each "like" you get, you earn money...
It's difficult for people to stay when they don't earn money, like they expected to do. If you have been promised hundreds of dollars per month extra or whatever, and you get only a small fraction of that, you're on to the next "big thing" out there instead. Many of the people don't get involved in any communities and they don't make friends or anything, because they only see $. When the money doesn't come their way, they leave before they've even started to engage.