I think that the attraction of steemit for the average user is to make money! You either failed at making money with other social media platforms or you heard you can earn crypto for mediocre content!
I would know because I was one of those people but as I got into the ecosystem I found that building stake means I have more influence and that’s what I want so I can help the platform move forward! Plenty of users I’ve met as we all grew our accounts have cashed out and stick around drawing small rewards or cashed out and left or worse delegate and go into hibernation and earn passively because the current system allows that!
I think that it’s going to take a big drive to her say 20 000 minnows and have a middle class that can group together and build influential communities as well as mitigating behavior we feel is counter productive
Unless we continue to redistribute the currency we won’t see great value! I’d rather have 5 Steem worth 5 dollars than 5000 Steem worth nothing!
I still feel this blockchain has great potential and should be sitting up their with EOS and ETH as dapp chains worth building on! We also have a bit of a marketing problem it’s amazing how many people know about EOS over Steem even though EOS spent ages as an ERC-20 token without a single dapp built on it and was the first billion dollar ICO! Imagine a billion market Cap for Steem how this place would be pumping
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