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RE: Steem Transfers are only 1.5% of Steem Transactions, But Are About to Surpass ALL Litecoin and Dogecoin Transactions Per Day
So if steem is so wonderful how come I hear that steem dollars are worthless? And I see more and more posts where people are realizing the 'income' they thought they were going to get is by and large bullshit. One of their founders is in total power down and has moved on to other things. The price is down, I bought at $2.35, it's what now $1.17, I'd hardly say that is doing well. Probably the only thing it's got going is the free transactions. I think steem is a dying dog and is not going to do as well as you all think.
Steem cannot be a living for everyone. Neither can YouTube or any platform. It would be wonderful if it could, but that's simply an unrealistic expectation. It's a fact that thousands of people are making income here though, some very significant.
Steem Dollars are worth about a dollar, more or less. That's exactly what is intended.