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RE: Open Letter to all Steemians - Hardfork 21: Culture Change
We're basically all trying to figure out what the best way is to give out all the STEEM that's being created rather than trying to figure out why people should want STEEM in the first place.
Too much focus on the 8% of of the Steem that will come into existence over the next year (inflation), as opposed to the 92% of Steem that already exists?
Not just that. Because that is still looking at the value in terms of money.
There are countless things that people spend money on, because it has more value to them than money.
I did play an mmorph world of tanks where I bought digital tanks, simply because I liked the looks of it or because it gave me a competitive advantage in the game. I did not care one bit how much in-game gold their value was.
We need applications that use Steem power delegation as the form of payment to get access to a certain product or service.
Now that would change the game completely!
There's an Dapp for that. Just kidding but there should be apps that are developed on Steem, if there aren't already, that has premium features and pay per play and pay per view and all kinds of things like you said perhaps, a real game changer.
I have long believed that a delegation economy could be a huge selling point for owning STEEM. Imagine if you never had to pay for Kindle Unlimited like services or HBO subscription like fees but rather than subscriptions you just had to delegate 50 SP. It is an interesting form of subscription economy that could be worthwhile.
Here's the problem with that. People are anti-self voting, which means that the businesses are not going to get 100% of the value of your delegation, which means that they need to double the amount of SP they require, which might get to unapproachable levesl at some point.