RE: The BEST of The BEST and why STEEMIT has the potential to become a +$500billion Global Social Media Powerhouse..!!

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The BEST of The BEST and why STEEMIT has the potential to become a +$500billion Global Social Media Powerhouse..!!

in steemit •  8 years ago 

That would be great, but on-line information does not seem to be highly valued in general. Facebook turn over billions, but they need over a billion users to do that. I wonder if on-line advertising can scale up any more as they ultimately need to sell stuff. I know Steemit doesn't rely on advertising, but it will be compared to sites that do. Even when there is a chance to earn money people will still use other services. I think it depends on the features and the available audience. This is still a new world for business. It's only in the last few years that such markets have existed at all. Hard to make any predictions, but I do want to see Steemit do well to disrupt the market.

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"That would be great, but on-line information does not seem to be highly valued in general." Thats because most of it is Centralised Garbage. What I'm talking about is STEEMIT having a Decentralised FULLY TRANSPARENT community. This is a whole new ball game and the potential is simply MIND BLOWING. Thanks for the comment and support I appreciate it. Stephen

yes, let's include the entire steemit economy

Yes, 99% of the internet is garbage. To succeed Steemit will need to bring in names that people respect and want to follow. Social/media sites live or die by that

"To succeed Steemit will need to bring in names that people respect and want to follow." TOTALLY AGREE. This is something I have been banging on from day one. It would take someone like Kim Kardashian tweeting something like "Steemit Rocks" and you would see Steemit explode to 500k users overnight..!! It will come. Stephen

Do you have her number? ;)

....I wish... ;) ;)

I agree and even more 99% of people will never get a dime out of Steemit or be capable to make a living out of it, so at the end they will not use in mass this system.

There is too much optimism

Optimism is good, but needs to be mixed with realism. We've seen sites die despite having many users. Steemit is different to most in not depending totally on someone keeping a site running, but if the site did go then most users would be lost. There have to be reasons to return for all levels of user. All should have some potential to earn if they are active.