RE: Why is the Price of Steem falling? Does it Matter?
Interesting. This post was written about year ago and now the price of steem is again 1 USD ))) So now I'm asking same questions is there is a future for steem and steemit? I mean future that more or less like facebook.
I was very exited about steem few weeks ago when I discovered it. However, after I got more involved in how steemit works I become less exited. I'm not talking about technology of decentralized social platform which is no doubt amazing but about how it is simple for new users. Well it is definitely not.
We all agree that if many new users will decide to join steemit the price of steem will jump to hundreds of dollars. But for this the platform should be attractive to new users. So forget for a second that you already inside and look at the steemit platform as a new user. I would even say as a facebook user that heard about steemit and checking what is it.
I would say that steemit is COMPLICATED for understanding and compering to FB has many disadvantages. Again I mean for simple users. Maybe for you guys it will be surprise but simple users don't f..g care about block chain. My mom has facebook but she does not have any idea how it works, on what technology, and who is Zukerberg. She is just a user and facebook is simple for her.
Now imagine that my mom find out that there is a new social network called steemit. I guarantee 100% that she will not do account in it because it is complicated and not common sense.
- long keys that you must save somewhere
- many different keys for different purposes. Posting, Active, Owner, Memo
- no instant messages
- non-recoverable password
- no profile pictures (except the one small)
- can't delete post
- adding pictures is via external links
Those are just basic things I see but there are many more.
Most of us have job and salary. So for few dollars steem will not "buy" people to spend their time in it. Why FB works and catch people even without paying them? Because psychologically people interested to see what happens with their neighbors or friends. FB gives an illusion that you see what happens with others. This is the reason why almost whole world using FB.
So give me one reason why people will move from FB to steemit?
Personally I want that steemit will be successful but for this it should be somehow more attractive for new users. Better interface, more features, more common sense.
What a long comment! I supposed to write post with it as my first post ))