RE: Hurdles to 10 dollar Steem: Get-rich-quick cons
I am sorry, but i do not see it happening. SMT's if they ever come out might push it towards the plank, but... i have too many reasons to doubt serious adoption of this crypto. Trust me i am sad to say this, after spending so many nice days connecting with the community throughout this year... but more and more often i see cobwebs on their blog as they have left... they jump back in occasionally, but i can tell that "middle class" if there ever was one, has left steemit. Maybe not for good, who knows, but quality content creators are leaving massively. And new ones? It's even harder than ever for the new ones to beet through vote bots, same trending articles ow whales voting of each other and other initiatives.
We as BeScouted have been trying to give the photography community a better UI/UX and still get rewarded in Steem for all those professional images that they share and we still do, but since we are bootstrapped guys, and did not see much support we will try EOS next. The reward system is just too broken and demotivating. And ofc i have heard all that connect with the community and it will reward you. And it does, if you do steemit as full day job. But i do not want to see it working only that way. Or maybe we are just simply not needed and solution that we are offering is bullshit :) Only time will tell.
It is a shame that so many have left (there was never a middle class though) however, not many have really come on yet if you look at global numbers. think there are more content producers coming that will slowly fill the space if distribution can happen. As far as EOS, I don't see that it is going to be much different over there considering all of the same people are involved at all levels that matter.
Time will tell what SMTs will be able to do here though. I think the first ones will fail since they will be created by people here but, if a few large, professional teams try their hand at developing for Steem, we might see some changes.
Oh, i think it will, starting from the way how witness votes will work, and many other upgrades under the hood. Not to mention token distribution that is so much more wide as opposed to steem which i believe is one of the major culprits things are not working out as they are supposed to. Which ofc was much easier due to much lower market cap of steem.
But i am sure it is too early to argue over this now (nor there is need for that really), we will have wait and see how things pickup on EOS side. It is still a blockchain that depends heavily on the community that will build dapps on it.
I love Steem for the concept, and i mean i love it it changed my life so much i am just so sad to see so many things go wrong partially due to human nature (or then it could not be called wrong actually as it worked as it was supposed to) but still did not meet those idyllic expectations which oddly enough is also a problem of a man who has those lol