Hi, Nice summary of the problems posed by Steemit. It had an identity of a social media platform but that is incorrect. Some may call it bogus but i would not go as far.
It is all about the money and always has been. if the lure is in making money, how can you not tell people that they need to invest. Once invested, how does it matter whether you post or not? Delegate and be done with it.
I have said many times that this is like shareholding. the more you invest the more you stand a chance of gaining some wealth. Do not dwell what you post for that has no meaning. If not for the well intention-ed efforts of some groups like Curie, it would be incredibly depressing for content creators.
A stock bourse masquerading as a social network seems the best approximation. The funny thing is that most of the early investors kept on urging people to post and that they would be rewarded. Also, they told us about the fact that it was a social network and you needed suitable skills to come good.
Gradually all pretenses were dropped and it was made clear that your money is the only thing that was important. Once that realization hit me, it has become very difficult to post articles on Steemit. I started with much hope and frankly nowadays i just watch things go by
Hey, @adarshh.
Yep. There's been a lot of misleading marketing and public relations going on, but not all of it can be laid at the feet of Steemit Inc. It's too bad that people have been taking it upon themselves to hype STEEM in a way they think is best, but they've just made it worse through false expectations, if they've managed to do anything at all.
So, there's not one coherent and accurate message, and the ones that exist are basically selling snake oil.
There was a time for a short month or so where people were making nice rewards on posts on Steemit. Way before we showed up, though. But more people and changes in payout curves and other alterations have pretty much diluted that, along with STEEM prices.
So, here we are. The question becomes, what do we do going forward.
I've been in the exact same mindset as you. I've had help—my wife's hernia surgery, recovery and the subsequent hard fork and updates all made it tough to do anything. But then my brain was wondering What's the point? well before that.
It still doesn't have the solution.
I've made the investments I can. Unless STEEM gets supercheap, I won't be investing anymore. We're talking less than $0.50 USD and probably closer to $0.25 USD. Even then, I won't be able to do a whole lot, though. And in reality, I'm done with STEEM being under $1. It's time for it to soar like it can and is meant to soar. All of these other alt coins, people just need to get real.
An investment platform that allows you to blog, vlog, livestream, post from your phone and other things. Soon, there will be more to do, when SMTs hit. That should be the pitch, or something like it:
STEEM—We're bootstrapping a global digital economy. Come join us. Socialize and earn fractions of STEEM in the process. And bring a few hundred bucks with you, if you can. You're going to need them. :)
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