RE: A hard question to start off your monday - Maybe @ned could share his point of view on this (here is to hoping)

[steevc]

It's getting harder to earn on Steemit as it grows. It can be dispiriting to see a 'chosen few' get most of the money and that will drive some to desperate measures. But the fact is that most of us won't make anything on sites like Youtube, but we can make something here. It depends on whether others choose to give you votes. That can be because they know you, but you really need to be producing content that others value. Not everyone will be a big content producers, but even the fans can make something here. It may just be cents, but maybe there will be ways to spend that. With zero transfer fees micropayments are viable.

Comments

[meno]

Found it....

The economic effect of this is similar to a lottery where people over-estimate their probability of getting votes and thus do more work than the expected value of their reward and thereby maximize the total amount of work performed in the service of the community. The fact that everyone "wins something" plays ont he same psychology that casinos use to keep people gamblin in other words, small rewards help reinforce the idea that its possible to earn bigger rewards.

[sorin.cristescu]

this is very, very sharp ... I can only agree. I have faith. Don't agonize too much, just keep creating good content and tell others that nothing prevents them from doing the same. The rest doesn't matter

[meno]

You know the whole chosen few is part of the white paper. I mean, not literally, but let me see if I find what I'm referring to. It won't be easy.