RE: Critical Analysis of Steem and Why I'm Invested

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Critical Analysis of Steem and Why I'm Invested

in steemit •  7 years ago 

So that means everyone pays via a slight decrease in purchasing power.

Same as fiat basically.

To add to your point, steemit wouldn't need investors if the money stayed in the ecosystem which highlighs the importance of having commerce integrated within our social profils.

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I would not have any sense of being like that, I agree with you @peaceandlove

Social Commerce-Steemit
@peaceandlove I concur it that this eco-system has ability to sustain without investors due to integration. but to add again, its commerce tool i.e bots will still have an edge on real user which will severly disturbs its balance in steemit and will affect its popularity drastically. In generic, yes it dont need investors but counting factors, it does need it.

Recently on a platform bots reign. People pay money to promote their low-quality posts. And thus, the interest in the platform disappears from those who are ready to work honestly, to do interesting and kachestvennye work. But now the voices of the bots have overshadowed all other posts. It is very difficult to compete with those who come here to milk the system without making a significant contribution. Profit is quickly withdrawn, cashed out, and therefore the rate is unstable.