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RE: My Family Invests $5,000 in Steem! Earn 90% Delegating With Me @joeparys Today!

in #steemit6 years ago (edited)

All of the content here is overvalued. There isn't a huge market for Internet bloggers besides advertising.

The average user on Facebook affords the company $19 dollars a year. We are early in the process, people are being overpaid.

There is no plan to sustain exactly what is happening today, none of it is sustainable with or without the bots, if you want to look at it from that point of view.

I do appreciate you were able to give your statement some reasoning. It's the new catchphrase on SteemIt.

"It is unsustainable". Of course it is, so was Amazon, and Facebook and many other business models. We are a work in progress, not an established business.

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"There is no plan to sustain exactly what is happening today"

What is the plan then?

It is up to those who want to build on the Steem Blockchain. There is actually nobody that I know of that expects the current situation to be sustainable.

SteemIt Inc. Has a road map, many other platforms are in development. You guys are fighting about the flag ship.

This is not the plan this is a stage on the way to building more. Nobody knows what will happen. Investing in crypto is a risk. Putting time into the platform is a risk.

Content is not our best asset, it hold very little market value.

That's my view. If you don't like it, make up your own. I say that with 0 snark. We are building it, it isn't done yet.

Sit back and watch the whales take their cut while the market is still high.

If it bothers you don't watch. I hope they become Billionaires. I'm on the same team.