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RE: Where People Gather an Economy Develops - It Is All About the Eyes

in #steemit7 years ago

Lots in here to dissect. I do agree that the more eyes we get on to the platform the better for the overall growth. You look at a platform like reddit who have over 300 million in their user base, so much content is being created each second. The difference here being that most of the content is long form blog posts, bbut it is changing a bit with @dtube @dmania and the #funny groups branching to other areas. I love the idea of a marketplace, a craiglist where you can buy and sell things using steem, I think this is going to be a huge venture going forward.

In regards to big companies joining, I think you could get a company like dominoes or mcdonalds that accept the currency without being that active on the platform. They just have an account and accept payment in steem/SBD and then convert it to the local currency with something similar to shapeshift. That way you wouldnt have to worry about the flagging nonsense. I think there is room within the steem ecosystem for people/companies to accept and use the currency, without trying to earn more through posting/curating. Steem is fast and free, 2 things it has going for it over BTC and other big name cryptos

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I find the people who would flag the companies who buy a presence here to be worthy of being flagged to oblivion if that should come to pass. To do such a thing is to attack the very foundation of the monetary value of STEEM. Without the prospect of commercial interest in Steem Power, STEEM is basically worthless monopoly money. Even as a payment platform Steem would have a pretty hopeless battle against all the other cryptocurrencies and every centralized electronic payment system in existence and routinely used by billions of people every day.

In fact, the prospect of a sizable minority of Steemians willing to flag corporate accounts just because they are corporate accounts, casts serious doubt as to the viability of this platform as a way for content producers to be rewarded financially in any meaningful way.