I am new to Steemit, but I am already super excited about its potential.
The Steem network is social, content, and payment all rolled into one platform. Okay, so what you might ask. This could fundamentally change fund raising, be it for political campaigns or for charity. A vote up comes with a monetary reward, so when one up votes a post, they putting their money where their mouth is.
Here is an example:
Bernie got over 70k of retweets and "likes" combined with just one post. If those were votes on Steem, then Bernie would have raised a lot of money. Of course, the same was true for President Trump whose mastery of social media Jujutsu enable him to beat the establishment to become president.
Should Steem have the same user base as Facebook or Twitter, candidates might not have to rely on big corporate donors. That really changes politics, and democracy. But wait..... what if people of Russia or China (1.4 billion in population) started up voting U.S. candidates? Is it then that foreign powers are influencing the electoral process. Interesting conundrum. I am sure there are campaign regulations in place, but are those even sufficient (and do we really want more regulation)? Only time will tell.
For course, regular charity campaigns, such as the Facebook example shown below, can benefit tremendously from Steem.
Instead of using sites, like gofundme.com, one could use Steem to raise the same amount of funds. Hack, even a kid in a under developed would could post on Steem to make some money for food.
Interested to hear what the community thinks?
Peace out for now!
"Instead of using sites, like gofundme.com, one could use Steem to raise the same amount of funds."
Not likely.
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