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RE: Should we be worried about ONO as a competitor to Steemit?
No need to worry, healthy competition is always good... Steemit is a developed platform which handles highest number of blockchain transactions ....The technology behind Steemit has been demonstrated sustaining over 1,000 transactions per second on a distributed test network and can easily scale to 10,000 or more.... And as far as user activity is concerned, we just need a little pump in the Steem prices, active users will increase by many folds....
If other blockchains dwarfed the Steem blockchain in transactions, what would remain for Steemit then (following your theory)? Isn't social media more than that? What about Steem's original vision of 'value creation'? Is that not an option anymore?
To content creators value is not purely defined by price and monetary outcome. It's also not simply about being seen or heard (buying votes doesn't satisfy us). It's about sharing a common vision with others, interact, mutually support, inspire - it's about exchanging human values.
Bots can't do that for us :-)
Transfered to a real life scenario it's as if you said:
Where's the real benefit?
I think the issue is more of an emotional nature, rather than technical. If people don't feel heard or respected, if they don't align with the values (anymore) and if the reward system is not fair, and there's more bots here than actual people - then it doesn't really matter if it's the fastest blockchain, because nobody will be using it... :/
If you look with a broader view buy/sell of votes helping this platform to grow and maintaining a good economic ecosystem... If your voice is not heard, you too can buy votes and make your voice heard. BTW nothing is fair in this world.
I have no issue with people buying and selling votes, actually. We live in a free world and people are free to spot market niches and create services that others might value. Good for them!
And the people who do not value those services don't need to buy them. Just like in real life. Live and let live.
UPDATE
I just realized I totally contradicted myself, LOL, I have edited my answer above. I don't know why I mentioned the vote selling in my original answer.
It happens... never take anything too seriously...
Active users can't increase in many folds because of the big delay in registration. A lot of folks loose interest by the time there account is registered.
And I read the comments that it's not a problem because users who can't be patient and loose interest won't be real steemians are wrong because maybe if even 1/1000 of the users who don't wait out the account creation are excellent content creators, then steem misses out on the chance to grow big and be taken seriously.