True, but you aren't able to just sign up and cash out. They have created a great way to prevent extreme price fluctuations. Scalability will be important as not everyone has the ability to read and upvote content. Being followed by a group that enjoys your content will be important, but a way to discover new users and keep smaller fish from becoming discouraged, because if a large amount of people stop enjoying the platform, steem will be worthless. I'm ok with having invested no fiat dollars and having the opportunity to take some out. I don't know what twitter was like at first (It's pretty crappy now IMO) but they did scale it with ads. I'm constantly thinking of ways to improve it and thought https://steemit.com/steemit/@bendjmiller222/proposal-to-bring-non-intrusive-optional-ads-to-steemit might be a viable option. I know it's decentralized, but if you post content that consistantly receives a large percentage of downvotes, I think your power should be limited. Also new users should probably not have unlimited posting available. For certain levels yes, because those people want to only create good content, but new users should have a limit of three or four posts until they reach a certain level. Less total posts, but greater quality should be a win win for everyone. I understand there are flaws that need addressing, but just because we aren't dolphins or whales doesn't mean we can't come up with ideas that others may see and love. I'm willing to try and if I make money doing that's cool, but not the most important thing to me.
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