Reddit is also not giving away money nor is it based on a currency. The idea might have been for Steemit to be the crypto-Reddit, but things run very differently once money is in play.
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Reddit is also not giving away money nor is it based on a currency. The idea might have been for Steemit to be the crypto-Reddit, but things run very differently once money is in play.
"the idea might have been"......so solid, sorry!
Of course
Other social media can take for granted the one thing we have to work really hard for: honest voting.
Without the money we don't have a competitive edge. With it, we need to solve the tendency for stakers to siphon back their own voting rewards.
But I don't think that just because it's about money means it's helpful for the ecosystem as a whole for most of the content to be about the platform itself, although it's expected at the start. Baby steps.
Do tell.