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RE: Steem Q&A: How to "New Steem"

in #threespeak8 months ago

Embracing the Decentralized Nature of Steem

Dan emphasizes that the decentralized nature of the Steem blockchain empowers the community to post content freely, without worrying about avoiding downvotes. He encourages users to post whatever they want - whether it's a single image, a long story, a joke, or a video - and let the community decide through upvotes and downvotes. Dan argues that trying to "walk on eggshells" to avoid downvotes is the wrong approach, as it leads to stifling creativity and self-censorship.

The Evolving Steem Ecosystem

Dan discusses how the transition from "old Steem" to "new Steem" has been a significant shift, with the introduction of the EIP (Ethereum Improvement Proposal) leading to more organic voting and curation. He acknowledges that there has been abuse in the past, such as self-upvoting and plagiarism, but believes the community is now working to counter these issues.

Focusing on Building, Not Rewards

Dan cautions against being overly obsessed with the Steem reward pool, arguing that the current bear market presents a unique opportunity to focus on building and developing the platform. He suggests that if users knew Steem was going to return to its all-time high, they would be frantically building businesses and making connections, rather than worrying about the reward pool.

The Importance of Risk-Taking

Dan emphasizes the importance of taking risks and not being afraid of failure, especially during bear markets. He argues that great opportunities often arise during the darkest times, and that those who are willing to take a chance and build during these periods are more likely to succeed in the long run.

The Future of Steem and SMTs

Dan discusses the upcoming launch of SMTs (Smart Media Tokens), which he believes will gradually take over the "proof-of-brain" model on Steem. He encourages users to focus on building their own communities and using their stake as they see fit, rather than worrying about how others are using theirs.

Overall, Dan's message is one of embracing the decentralized nature of Steem, focusing on building and developing the platform, and not being afraid to take risks during challenging times. He believes the Steem ecosystem is poised for significant growth and that those who are willing to put in the work will be well-positioned to reap the rewards.


Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.