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RE: Why issue #177 will attrack more fake, fraudulent accounts then ever before, and it might kill Steemit.

in #steem9 years ago

Steemit is still relatively new and unknown. Can you imagine the horror when everybody just starts using this platform to grab some cash in only 12 hours? Already today, 80% of new posts are only to complain about why their post didn't make any money

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It's just like Bitcoin in the early days, when anyone could mine with a laptop. It was just luck if you mined 50 BTC. Then the difficulty would rise.

I think something similar will happen to steemit. Instead of cryptographic difficulty, it'll be basically creative difficulty. But that's a good thing.

So yeah, 80% complain now. Eventually, it'll be 99%.

creative difficulty. Good argument!

And the other 20% are about anarchy.