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RE: How To Increase The Value Of Steem For Us All!

in #quinneaker6 years ago

"That is going to attract people from all around the world, including rich and poor people alike."

  • Rich People --- I can not recommend steem to any of my friends and clientele due to the fact that down-voting affects monetary value. The large risk in owning crypto-currency is still larger than a steem bot only strategy (buy steem then delegate). I therefore don't see steem as appealing to rich investors.

  • Poor(er) People -- Currently if you have no money to invest to buy steem tokens the average user gets tired of seeing 0.0 on all his or her hard work, gets frustrated and leaves the platform. This is why the steemit retention rate is so low (something like 13%) This does not even take into account that players like berniesanders, steem cleaners, themarkymark bomb users every day, even when no hacking occurs.

I think telling people to have blind faith is a bad move for your brand since you are a very famous Steemian for making it.

Maybe you could use your influence to push Steem Inc. to address some of the issues that are really holding steem back (hint its not HF20)

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Ya I understand where your coming from. Doesn't mean everyone agrees with you just like you don't agree with me.

Though I cant imagine why a poor person would use FB, Twitter or Instagram and not Steem....Even 1 Steem is infinitely more than any of those other shit platforms provide hahaha

Thank you for your post!! I am also a supporter of @familyprotection and I came to your blog because of your article there about the move of the migrant children. I will tell you why people will use Facebook etc. Facebook is not nearly as hard work as steemit. So on facebook, you have fun, you stay up to date with friends and family and you can market your business. And don't get me wrong, I am very committed to steemit and I am staying. But to me, there is actually no comparison between Facebook and Steemit. Steemit is more of a blogging site where sometimes your content is not even read by most of the people that upvote you because they have you on autovote. I write my heart out about what I care about and most people don't even read it. BUT I could not succeed on Facebook to really get an audience for my Love and marriage page and there I cannot earn. SO Steemit is helping me to fulfil my dream of becoming a writer. I have gained lots of experience here on the platform and I have met some wonderful people. I even became a DJ!! A 54 year old granny becoming a DJ. :-) Only steemit through the Minnowsupport project could made that possible. BUT I am one of the poorer people here and I need the income. I am doing it to earn an income. So when the sbd and steem got so low and the earnings dropped significantly I had to start powering down just to buy milk and bread. It is wonderful if you have enough income to not have to do that, but for a lot of us that is not an option while the steem prices stay so low. I totally understand that if all can hold the price will go up. Maybe I should interview you on my show on mspwaves.com, Spice4Life if you would be willing and we can talk a bit about @familyprotection and steem. Let me know if you would be willing!

You got it all right summed up there.

I appreciate your honesty, great counter-arguments.
As for the “poor” you refer too, I think the hope is to reach a critical mass of dedicated users for people to see that there is a way around Steemit no more. However, I too am puzzled by the actions of Steemit Inc. Not sure what exactly they stand for other than ‘a future for Steem’. Maybe that’s just a part of it.