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RE: Proposed Changes to Steem Economy

in #steem8 years ago (edited)

@thebluepanda so this is in fact where you are wrong: Social media is a little bit of both which both?

  1. Fun
  2. Totally a place where you could find the next nobel prize winning writer.

Social media encompasses the very wide range of human experiences and expressions.

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Hi @faddat I couldn't respond to you in the other thread so I came here. Can you please share with my why you think internet advertising is dying? It really isn't. Online advertising is actually growing not dying. Next year online ad spending is predicted to overtake TV spending for the first time.

I think you may be misinterpreting current struggles with ad blocking technology. The industry is adapting and expanding not contracting and dying.

Without some sort of future advertising monetization, steem would be nothing more than a pyramid scheme reliant on an infinite stream of new users paying up to the old ones.

I will bet that we either see some sort of steem, steem power or SBD based advertising system like the promotion tab coming in the next year or we will see steem die.

Where is the value in steem if not in advertising money?

what are you talking about? social media is both of what?

oh please, if i want to find the next Nobel winner, I go to a library.