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RE: Powered Up 527 STEEM, Following My Own Advice Before Easter Holiday
Thanks for thoughts and insight, always.
I think Steemit needs to become a bit more "mainstream" or at least find a large niche if we are really going to be able to make money owning it longterm.
Which of course, I think we all want to do.
That said, I think it's time that management was a little more engaged to make this all happen at a better pace.
I disagree with you does not have to be mainstream just a nichemarket.
that's a great perspective; however, if you want the value of your "shares" to increase, you need a LOT of people interested and taking part.
Yes, some niches are big enough, but we need big numbers of people taking part.
Steemit does need to go more mainstream. There are a couple of things stopping that. 1 is the slow registration process. 2 is all the reward wars going on. It turns people off. 3 no one can really explain the economic model in depth how it is a sustainable platform. So many will write it off as a mlm/ponzi type of system.
But I wouldnt worry too much. Steemit doesnt spend any money on ads. Its all organic. And we're only 2 years in. In the next bullrun it will gain a lot more traction.
Regardless of its issues and shortcomings, I think it could have a fantastic future. Of course, it depends on two things, competition and or if it kills itself from the inside by communists trying to make things "fair" by destroying even more than they fix...
Trying to "even" things out, or target the "bad men" always just ends up with the "good" people turning into nazis..and no one dares to speak up, free speech is shut down, people turn their back and flee, and it ends up as a rotten hellhole. Thats what I fear..