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RE: Why Should an Investor Prefer Steem/Steem Power over Bitcoin?

in #steem7 years ago

Now that a middleman doesn't take a disproportionate share, there large economic incentives to transition these platforms to decentralized ones.

I see this is the future, but I have a difficult time seeing Steemit in its current form taking a significant part in that. Sure, it had a good run in the last crypto bull market, but now, it's in a bear market. I think for a good reason, namely the reward pool abuse.

Then there are other projects targeting that space as well. Basic Attention Token and the Brave browser for example. I haven't used them, but the idea behind them is interesting as well.

They will keep growing because there is an economic incentive for content creators to use them.

I wonder, if this could save Steemit. Steemit already has some great authors and content, but it's so difficult to find them, because trending and hot tabs are populated with mostly self-promoted posts.

If Steemit wants to make it, they should consider creating a home page that is populated with posts relevant to the user, similar to the homepage of YouTube. Only then does this platform in its current form has a chance to succeed.

Even better, if you can figure out a better ui that hasn't been invented yet, you instantly have access to platform with hundreds of thousands of users.

The best UI would be, as I mentioned above, the one that takes into account the content consumer's preferences and customizes the content according to the end user's preferences.

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Who is best placed to do that than yourself by following the users that write to your liking ? In order for Steemit to do that in your stead it wold have to collect and analyze your personal data. A lot of people came here precisely because they don't want a plateform to collect and use their browsing and reading habits