While I don't disagree with the point you're making, I don't see how there is a paradox between the two complaints.
Here's my argument boiled down to its most basic element:
Competition ≠ Quality
The Steem Complainer’s Paradox: No Good Content to Read, Or, Too Much Competition For Votes?
While I don't disagree with the point you're making, I don't see how there is a paradox between the two complaints.
Here's my argument boiled down to its most basic element:
Competition ≠ Quality
The market disagrees
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Exactly. The market decides what's quality and what is not.
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Can you explain how the market has any authority over what is or is not considered good quality?
From what I can gather the market dictates what is popular/convenient/valuable/available, it does not dictate what is good or bad.
I know I'm a jaded, cynical individual, but even from a purely free market capitalistic point of view, I still don't see how Coke is better quality than Pepsi, even though (using your logic) "the market" says otherwise.
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