'Failed system' - understood. Have you read any of James Rickards books Ted? He believes it is a failed system and outlines the reasons for this well.
Buffett has stated that derivatives are 'financial weapons of mass destruction' - I am sure you know this too.
Great that that you will be getting paid by YouTube.
Can you imagine what Steemit will be like once advertisers are let in - it will be worth tens, no hundreds of billions! I assume this is the long term plan - can't see Steemit working if people have to actually pay to read the posts themselves.
Once the advertisers do come in - reputation will be everything.
SK.
Advertising would be great, no idea if that is a goal of theirs. Would be neat, though. If you ever wanted to earn revenues that way, just find a decent program to sell. JerryBanfield sells his courses, and uses his social media to promote it, works well for him.
I was doing great promoting Genesis Mining and making decent money, but I stopped because I decided it was not the best for my viewers to be getting into... better to just own crypto. Steemit in the end will pay better than Genesis Mining. That said, when my game project launches, I might do some cross promotion with it.
Sounds like a good plan to me mate - thanks for the heads up on JerryBanfield - better get ready for tonight's main event now. SK.