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RE: There is a revolution going on and you are part of it! (Maybe not even knowing it, until you read this article...)

in #cryptocurrency7 years ago

Thanks for your wonderful comment and the valid points you are bringing up!

  • Bots are a problem and also an opportunity. Yes, I also would like to live in a world, where bots are not that important. At the moment they are - especially for newbies. Without them, you won´t earn anything at all, because whales don´t care and "good content" is not that important to them. Luckily the minnows and dolphins of today, will become whales in the future and have the chance to stick to their higher standards of value and rewarding post, without misusing their power.
  • Laws are also a problem - espeically in Germany where there are very restricted laws and everything that would allow true freedom is considered a criminal behaviour. Unfortunately we can´t expect Steemit to sort thing out, so we have to find our own path to deal with it.
  • Business is a similar point, but as long as you are not converting STEEM to fiat under a year and hold your STEEM longer than a year, your rewards are treated like an investment and dividends (like other investments, shares etc.). If you are cashing out, it won´t be different to any other blogger or YouTuber out there, who is earning rewards from their posts and videos. So Steemit is not different there....

Regarding your last point I totally agree. It´s simply a fact, that 90% of social media users are passive and don´t want or are not able to produce content at all. You have this situation with every Facebook page, where 5% are contributing regularly and another 5% from time to time and the rest being just passive consumers that may hit "like" sometimes but mostly be quite.
That´s why I think, we shouldn´t market STEEM as an income opportunity to the masses. I wrote an article about this here
We will need the 90%, but we shouldn´t make them believe, that the main reason for being here is to earn money - it´s simply not true.