True, and I would invest if I could afford it. But, that's because I've been here long enough to see all the great things about this place.
If I just heard about Steemit though, and had money to invest, I'd most likely look elsewhere. I mean, why should I invest in Steem? To actively self-vote and reward myself to get as good ROI as possible short term, or would I use my stake to reward others, in an attempt to make the currency increase in value?
Talk about SMT's or whatever, but I don't find it likely to see a big company or millionaire investors coming to this place and start producing content. I bet they want to be passive investors. So what options are there? - Delegate to bid-bots to grow their stake or curate others?
But would someone actually use their stakes to reward others, meanwhile we have this destructive behaviour around here? Look at the trending pages. Sure, a good way to earn for those who can afford buying the votes... But it also makes it more difficult for others to earn, as they'll get further down the list and are not as likely to be seen.
So, the rich gets richer and the rest of us gets nothing. I do what I do, in an attempt to grow those other users. It's going slow but something happens. We encourage and inspire people who's here already. I truly believe that these people will be more likely to invest something rather than nothing in the near future due to that.
The fact that people like Jerry Scamfield and his knucklehead friends have been sitting on the top of the trending pages for ages, promoting their shitty products is bad advertising for the entire platform... And nothing have been done to prevent it.
I honestly think that we need to cure the disease from the inside, before we can start to daydream about getting investors on board.
But hey, this is just some garbage from a random Swede with ~1500 SP, so why should anyone listen to me? - Thanks for letting me vent for a moment.
rich gets richer and the rest of us gets nothing" - spot on! my own thoughts as well. serious investors are unlikely to participate in this de facto Investment platform (not the "alternative social network" as it supposed to be) - you are right in that.
so, as someone has repeatedly pointed out (or rather quoted comments on her FB group) that it is more like a scam-like / Ponzi model, which depends on constant recruiting of new members and inflow of fresh capital merely to keep such model afloat.@hitmeasap, many good points made! particularly RE: "
that's why I agree with your call for supporting others, i.e. Delegation into real humans, PEOPLE, who would create that Content - not into "bid-bots", as you've rightly pointed out. after all, that's what this whole ecosystem was supposed to be all about: content creation, curation, interacting, socializing, which rewards participants for all such actions. "Blockchain of Mutual Delegation" as I prefer to call it.