RE: What is quality content? and how much is it worth?
One problem here on Steemit or any platform trying to reward content, is content won't ever be rewarded fairly. I don't know what would be fair, but this isn't it. For instance, I would like to upvote such a fine comment as yours, but my vote is at the dust level with the price of Steem this low. I went from upvoting every piece of content I found interesting or entertaining during the first few days on here. To rationing out my voting power so I maintained 80%. I thought I was rewarding, but come to find out because of the dust vote limit, I was just wasting my vote. So, now my goal is to get my vote above the dust vote threshold, so I can at least actually reward some of the quality content I run across. I said all that to say, sorry my vote is dust, so there is no need to upvote your quality comment, but I do value your opinion very much.
It's hard to put a value on anything. It's even harder to put a value on content.
I had a t-shirt business for awhile. I could purchase a shirt for about $2 and a heat transfer for $1. At that point those items were worth $3 because that's what I paid for them. But if I successfully transferred the picture or whatever to the shirt, I could sell that for $12.95, or $9.99 on sale. But if I messed up, I was lucky to recoup my $3. What is a shirt and a heat transfer worth? Depending on perspective either $3 or $12.95.
What is a rock worth? I can purchase 1 ton of river rock for about $100 or $0.05/pound.
If someone bags that rock, I will have to pay about $8 for 40 pounds or$0.20/pound .
Is river rock worth a nickel or 20 cents?
Yes!
What is Steemit quality content worth?
Whatever it earns 7 days later.
That's not to say the value of that quality content is equal to what it ends up being worth.
If you happen to write a post about how to change a tire, the value of that content might be $1 million to someone, someday. But I highly doubt you will make anywhere's close to $1M for writing the post.
It is true that you tend to get rewarded for quality content in proportion to the # of eyes that see your content in 6.5 days of you writing it. I've been putting in a lot of overtime, so don't see nearly as much content here as I did just a few weeks ago.
I think once the competition begins for users on the Steem blockchain, it will be a good thing. I think someone, somewhere will come up with a fairer reward system. I think one key will be to have a reward system available past the 6.5 day limit.
And with that, I'm off to work...
Thanks to tossing around ideas with me Glen. I've always enjoyed that!