You raise the same questions i have been asking.
Where is the "value"? Where are the posts I want to point out to my grandkids as a good read / info.
And how would I find them anyhow?
Steem is a bottomless pit of 'stuff' all piled on top of itself.
and the worst part is the poor quality stuff is taking all the rewards, so less & less "good stuff" gets posted.
Steem is a great wonderful concept..... poorly implemented IMHO
A bit like visicalc (a pre-cursor to lotus123 and pre Excel)
The concept was great, just poorly managed/implemented.
ATM a few whales control steem with a lot of self interest (thats OK!)
but the system rewards, bot vots not platform engagement (time!)
which in the longer term is self-defeating
A bit like MSM rewards a few at the top of the food chain.
Check their future! Alt media is on the rise, why does steem want to follow the old pyramid model?
And even if they do, it won't work without a base
There are no short-term winners without losers .
If bot voting whales don't have time to engage, then they are EXTRACTING not contributing to the steem platform. IMHO
My baby is waking up..
You are very much right and perhaps a sea-change is on the way. Sometimes, it takes a lot of failures to make it work but I personally don't understand why we are trying to copy the existing real-world economic models nor the other massive social channels. We can do better than both.
100% agree.
I think it is called "normalcy bias"
The opportunity to do it "different" is never easier than at the beginning.
Locking into "proven" models is a prob for all tech ideas.
and MSM / MS Chat / yahoo / (even FB) etc etc are all examples to learn from (& steer clear of IMHO )
A new model is not that hard to imagine.....even an old fart like me can do it!
the young minds of today are so much brighter!