Why Steemit will ultimately be bigger than Facebook
Facebook derives all it's billions of dollars from everyone's content who give away their content freely every day!
They have all the eyeballs and the marketers flock to catch those eyeballs and pay Facebook big bucks! The user sees none of that cash, Facebook got so cocky they even talked about possibly charging everyone a few bucks a month to use Facebook.... We had little choice, all these major platforms (Facebook, Twitter, Pinterest) work on the same principles.
Now there is alternative all the value we the community create gets put into "Steem" the crypto coin. There is a whole underlying marketplace that pushes or pulls the value of 1 steem coin every day based on the perceived value of the steemit community. The bottom line is that if the community is strong and gets bigger all the time, this is only good news for the value of the steem coin. Everyone gets 5 steam coins when they signup. If you just hang on to those 5 coins, then you will see the value increase over time.
I do not see why the community would stop growing, everyone is getting paid (some more than others), which is a much better alternative to posting your content for free and giving value to the MAN. I think this site will continue to grow when more and more people lets everyone else knows that you can get paid for posting. Which many people do already anyways.
If you don't agree with me, let me know your opinion.
#steem #future @ned @dan @blockrtrades @berniesanders @smooth @dantheman @tombstone @rainman @itsascam @steemed @summon @blackjack @cloop1 @pharesim @steempty @firstclass @wang @skywalker @fuzzyvest @steemit200 @abit @riverhead @enki @freedom
:D
Upvoted
..Bigger than facebook heh?
You have a dreamy imagination ;)
The curator payout money has to come from somewhere.
Hard to imagine such an elaborate construct scaling all the way up to 1.5 billion users ;/
Give it time, the value will keep building, and it will pay it's users back handsomely. We all should be cheering for having an alternative platform. This is power to the people VS corporations.
There's only 7300 tracked members man.
Facebook reached 1 600 000 000 users this year. You don't grow 219000 times the size of a blockchain tech platform without completely transforming it almost unrecognizably, fundamentally, so that it's adapted to mainstream usage.
Crypto is still very, very small vs. rest of the world. Keep things in logical perspective - 219000x userbase growth is pure misguided lunacy.
It is not reasonable to compare today's Facebook growth rate to steemit growth rate. Facebook started off slow, and it caught on. Everyone I talk to about steemit gets hooked immediately. I have been involved with crypto since 2008. Bitcoin adoption is terrible! Only nerds and finance people own bitcoin, it's a very small percentage of the total population. Steem coins however are super easy to get compared to bitcoin. Steem is frictionless to obtain. Once there are steem stores then it will be frictionless to spend as well.