Colleague reply to request to look at steemit and provide assessment:
Brad,
Thanks for bringing Steemit to my attention. It is certainty a concept with great potential. I imagine there are already some Steem stars (similar to YouTube stars) with great followings and the tokens to prove it. It makes so much sense to a) democratize and b) monetize influence. I imagine that a few careers will be born on this platform.
There seem to be two ways to generate influence: generate content or curate it. Both will be labor intensive. Both will require a passion for the betterment of the Steemit community.
In terms of spillover to the mainstream, I am cautious. The "mainstream" in the US wont care about the distributed network vs. a single host like reddit. The "mainstream" in country's with heavy censorship however may require distributed networks. Should Steemit become the first choice for bloggers in China and Ethiopia, there wouldn't be any way of cashing in in the US, would there?
What are your thoughts regarding participation / monetization?
My reply:
You are welcome and your comments are spot on. I agree there is great potential and you are correct in that steemit already has some stars (referred to as "Whales") but it is so early that it may not be too late to become one of the Whales. You are also correct that to do so will take time and fortunately for me right now I have the time and am beginning to devote some time to it. I do have a steemit account, which you can sign up for free. If you do you can then follow me and many others. My "at" sign is @cryptobk
One of the main things I get out of it is progressing and accelerating my exposure and education in cryptocurrency and blockchain, and the more I learn the more fascinating it becomes. I am also seeing that this is a common experience, or thread, in that when you start to learn more it leads to so many other possibilities you tend to get sort of hooked on it.
Whether I can monetize with it, who knows. Only time will tell. But again, the education will potentially lead to and open other doors. As an example, I am gaining a greater knowledge of the crypto market so when opportunities arise for investment in altcoins, of which there are and will be many, I can be more confident and know how to proceed. Right now, at this early stage, in the crypto market I have found it has taken me a while just to understand the mechanics of how to buy, sell and exchange crypto coins and how and where to safely store them.
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STOPI really do enjoy receiving these rewards. I think it's a great idea. Motivates and reinforces. This one, in particular, is particularly meaningful. Thank you and I look forward to earning more.
welcome Cryptobk ! Glad to see you,I hope you enjoy here as much as i do !! Nice post, i will follow your account, please follow me .
thank you for your kind reply.
you got it @khunpoom, and thank you. we can learn together. @cryptobk
Very good post
I appreciate that very much and thank you for your kind reply.
The idea of peer to peer sometimes stumps me. It also intrigues me. When I think peer my mind jumps to peer of the realm, you know kings, princes, dukes, earls barons and etc. and though all of them consider themselves peers there is in fact no equality among them. That thought won’t work. The dictionary says peer comes from the Latin, par. I have a better concept of par, to be on a par with, but still there is some evaluation involved there. Same sort of educational background, financial status, age, fill in the blank here but you get what I mean, there is an evaluation in action.
If I participate in an interaction with you on the blockchain peer to peer, I don’t have to trust you, I don’t have to evaluate you in any way, I don’t have to have a concept of who you are in terms of gender, race, religion, medical condition, etc., I don’t need to know you in anyway. We just both have to agree to the interaction. The blockchain does the rest.
But how does peer to peer work within this peer to peer/social network concept. At first glance you might think the two shouldn’t go together. “This is what I want to do” can be done without “this is who I am” on the blockchain. So I am back to being both intrigued and stumped.
I can tell you who I would like to be with. For sure people who would rather walk in the light (or strive to at least) than hibernate in the darkness, grumbling and wallowing in proving how right they are to grumble. People who embrace joy and humor and kindness as gifts coming out of them and coming into them. People with active minds struggling to be nonjudgmental as a goal and willing to put some effort into that struggle.
It is good to remember that life is, in fact, indestructible. I am 72 years old, an ex-hippie (though I am not actually convinced that the time for hippies is over) who struggled through life with a dream of being able to live it on my terms. It is what I wanted for my children (and all children) too. I took up battle cries for equality and a sort of unbiased inclusion into the system, but within that very system nothing really worked to make it reasonably better.
Peer to peer is a gentle thought, though not without strength or beauty. It steps outside the system in thought and sometimes in deeds and reignites my dream. I am alive with the possibilities and grateful to join those who envision the same kind of world.
As ever, M
P.S. So, you want to trade some ICO enthusiasms?