Good day Stephen,
I read your retweet about the new "hyperinflation proof" Venezuelan currency.
Recently, I have noticed a lot of SteemIt users from Venezuela commenting on my posts. When I check out their accounts, many are contributing good content to SteemIt.
As someone with more than of an economics background than I and one who is far more familiar with Twitter than I, are there hashtags for different countries on Twitter? If so, there may be a great market of potential SteemIt users in struggling countries.
Let's see what just earning $0.01 on SteemIt is worth in struggling countries:
Venezuela: 2,485.20 Bolivars
Turkey: 0.061 Lira
India: 0.70 Rupees
China: 0.069 Yuan
South Africa: 0.14 Rand
Iran: 421.05 Rial
Pakistan: 1.23 Rupees
*Values obtained from the Google currency calculator.
Cryptocurrencies like Bitcoin and STEEM could be of great benefit to people in struggling countries. I have always thought of STEEM and SteemIt as a gateway for people to earn and possibly get into other cryptocurrencies.
Just a random thought inspired by your retweet.
Have a fantastic day!
Steem on,
Mike
Hi Mike
Hope you are well.
No. Hashtags are generic globally. What you can do however is change your setting on what is trending. As I am in the U.K. I have mine set at U.K. however now again when I want to throw the net out wide I change it to the U.S and then to the World.
This is a very important point you make Mike.
I have tried to get this point across to many people for the last +18 months.
Most people in the U.K. / U.S. would look at some of these #Steemit accounts and think "I wouldn't get out of bed for $1/day blogging".
Try telling that to someone in say Venezuela where a $1/day could be the difference between life and death. Just because we see $1 as possibly loose change, it is a wage to some people who are less fortunate as us.
Thanks Mike.
Stephen