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RE: Famine on the Steem Blockchain - Strategy - Steem backed by SBD and USD? - 144
Yeah, I think it's a lot more difficult to get good payouts on Steemit if you don't put some money in first. Funny thing is: no one on the none blockchain social media platforms demand payments. I still hope a lot of people would use Steemit without looking at the payments. The platform has value in itself.
Harder but not impossible. I think the main problem is short term thinkers. If this site gets big like Facebook Steem could be worth $100 or even $1,000. Most people seem to come on here looking for a quick short term profit but ignore the long term outlook.
Although you can also make money on Steemit I think we do have better bloggers on here than Facebook.
I agree on both points.
If you have an upvote that is worth something then members take notice and are more likely to participate in your topics in hope of getting some upvotes back. It took me 100 days to pay back the borrowed Steem that Steemit gives to new users. To be fair for the first couple months I was just using this site for bounty blogs on crytpo.
The site itself certainly does have value on its own but the issue is ... We live in a Money precedes everything else world and when members come here for what ever reason they will eventually see those post with massive payouts and then look at their own post that can't break 10 cents and get frustrated and leave.