The reason is, STEEM, while offering social media dApps to create content with, is first and foremost an investment platform. As such, most of us won't earn enough in rewards to live off, though many are trying, some are doing it successfully, and other have sought other forms of gainful employment because of the bear market.
In other words, the platform is designed for the long term, not so much short term gains, though, again, there are those who are living off of what they earn, or attempting to do it.
The main ways to accomplish this would be:
—Live very cheap. Partly, this has to do with where one lives, because housing, utilities, food, etc., are higher to acquire in some places and much lower than others. Anyone living in the U.S., for example, would probably need to be homesteading or otherwise living off the land while using STEEM for things that cannot be bartered or traded for.
—Have tons of SP, or know users who do. It's tough to earn enough STEEM Power (SP) through curation as a lower tier stake holder. Even those in the hundreds of thousands (orcas, small whales), are going to need to hustle, or rent out delegation to others who are hustling (ultimately either might just use an autovote service). Even so, we're probably talking in the neighborhood of a couple million SP, just to be sure.
Someone with a decent amount of SP, who is able to power down a week's worth of it and then live a couple of months on it, could be able to do this. They would need to be able to replenish their SP in the interim. All others, especially now, are hoping for a significant return on their investments sometime in the future.
The answer for most people is most likely no.
The reason is, STEEM, while offering social media dApps to create content with, is first and foremost an investment platform. As such, most of us won't earn enough in rewards to live off, though many are trying, some are doing it successfully, and other have sought other forms of gainful employment because of the bear market.
In other words, the platform is designed for the long term, not so much short term gains, though, again, there are those who are living off of what they earn, or attempting to do it.
The main ways to accomplish this would be:
—Live very cheap. Partly, this has to do with where one lives, because housing, utilities, food, etc., are higher to acquire in some places and much lower than others. Anyone living in the U.S., for example, would probably need to be homesteading or otherwise living off the land while using STEEM for things that cannot be bartered or traded for.
—Have tons of SP, or know users who do. It's tough to earn enough STEEM Power (SP) through curation as a lower tier stake holder. Even those in the hundreds of thousands (orcas, small whales), are going to need to hustle, or rent out delegation to others who are hustling (ultimately either might just use an autovote service). Even so, we're probably talking in the neighborhood of a couple million SP, just to be sure.
Someone with a decent amount of SP, who is able to power down a week's worth of it and then live a couple of months on it, could be able to do this. They would need to be able to replenish their SP in the interim. All others, especially now, are hoping for a significant return on their investments sometime in the future.
All a future thing...but I like the hustle on steemit so far
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