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RE: Steem - Use Brave to buy more STEEM!

in #steem5 years ago

I had it all the way back in beta but unfortunately the ads don't apply over here. Otherwise i would still be using it. Your main idea is brilliant for those people that can earn from it and hopefully it will be here at some stage too.

You said that you cashed out $100 so imagine 1000 users doing the exact same as you and pumping that into STEEM. It would definitely make a difference to the market price. I use publishox once a day to add some BAT to my account and plan to buy STEEM with it as well when it builds up a bit.

All of these little things add up into big ones over time. If you get enough people doing it then it makes a difference.

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Yep, those are my thoughts as well. Get thousands of us all doing that and we could help give steem some demand.

But why not use BAT to directly support the STEEM platforms that you are already using within that brave browser?

Something I do is tip @steempeak every month and include them in the Brave Rewards auto-contribute. That way they get a portion of the 20BAT that I push out into the world.

Even with ads I only bring in about 15BAT a month so I am actively pushing 5BAT a month into the decentralized ecosystems that we all want to see grow, not robbing from peter (Brave ecosystem) to pay paul (STEEM ecosystem)

That is an option, and one I mentioned in my post. The difference is that it doesn't benefit you directly, just indirectly. It's not a bad idea overall though and still better than not doing it altogether, which is what I mentioned in the post.

Regarding your last comment...

There isn't a lot of demand coming in for the steem token. That is evidenced by the fact that it has fallen 99% from its high and continues to lose ground on coinmarketcap to other comparable coins. This is one way that at least some demand can come into steem without asking users to pony up more fiat. You can look at it as robbing peter to pay paul, but I look at it as being paid for the work you do one platform and using that payment to help support another project that you also believe in. IMO, steem needs a lot more help in that regard than Brave/BAT does.

BAT is worth > $350 million
Steem is worth $50 million

Not to mention BAT is one of the stronger altcoins this year, while steem is one of the weaker.

That is an option, and one I mentioned in my post. The difference is that it doesn't benefit you directly, just indirectly. It's not a bad idea overall though and still better than not doing it altogether, which is what I mentioned in the post.

This comment leaves a bitter taste in my mouth, but I see where you are coming from.

If my BAT wallet starts to swell and a lot of the sites that I use regularly don't sign up as publishers for brave rewards, I may actually do the switch you are talking about here. Get more steem power and get some great posts the notice they deserve ;)

Plus I am a stakeholder in steem, I am not one in Brave/BAT, so I may be a bit biased. :)