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RE: The potential for Steem insanity
I'm also new here, trying to figure out how things are related. I totally agree that the rewards for better content can still be improved.
I'm also new here, trying to figure out how things are related. I totally agree that the rewards for better content can still be improved.
This takes time and because it is a stake-based platform, what is interesting is currently quite narrow. However, through SMTs and communities, the supported content should widen quite a lot, the difference is that they won't be earning Steem differently, they will be earning another native token.
Imagine in your workplace getting paid in Euros, but also earning Yuan, Yen and US dollars simultaneously - if people in those countries found your work valuable also. One job, 4 income Streams. While they might not all be of the same value, they can all be valuable.
Thanks for this metaphor, that makes it a bit easier for me to understand. But I guess that I'll still need time to delve into these thoughts. Glad the community is helping here!
No worries, helping out is part of the Steem experience in my opinion :)