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RE: The Domination of Steem by Vote-Selling Witnesses

in #nobidbot6 years ago

Facebook's earnings breaks down to $19ish dollars per user, per year. Using the advertising model. Think about that for a moment. There is a vast amount of content on Facebook, from deeply thought-out opinions, well-written articles, to pictures of dinner.

Most people do not pay for content they consume directly. How often would you take even $1 dollar out of your wallet and pay to read someone's article?

I tried your perspective on and what I can't figure out is where does the revenue for a "Pure" content site come from? Are you thinking that stakeholders will just hold and slowly liquidate their own holdings to the best Content Creators? If so, why would they do that?

Is it your opinion that if we had the best darn content that would generate more traffic?

In my mind, this is how it is working right now... We are a site in very early development. We have a supply and demand problem. Investors and Developers are rare, especially those who can code and invest in Crypto. We need to retain our investors and our developers.

I know this is going to burn a little, but something being a hard truth doesn't stop it from being a truth. There are literally Millions of people who create content for free. That equals... Supply. There is not a shortage of people who will create content nor is there a shortage of content.
Don't be angry, just think about it for a minute...

Even with the depressed Crypto Markets and the bidding bots, most people here are completely out earning any other place I can think of to sell content. I admit it is flawed and hard to deal with sometimes, but there is another way to view it. No, we may not be rewarding content perfectly or even really well... However we are rewarding it. Please don't lose site of that! It is bad advice to point out the unfairness with out looking at that side of it also.

In this situation, the speculation on the coin Steem is what is paying for the content. In other words, those who are holding Steem hoping it will pay off at some point that gives a creates the value of our content.

I don't hate money, I don't hate business people and I feel our content pays out really well. Not perfectly based on "Quality", but at a much higher level than any other site I am aware of that pays for content.

Please hear me saying, I know it isn't fair, but if you are reading this are you going to give up being paid at extremely high rates because it isn't fair? If so, you also have to consider what you are earning also isn't "Fair" based on value in the market rates. YOU ARE WINNING.

Don't accept my vision, but please consider it.

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