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RE: Would Steem benefit from a Bitconnect style referral program?
I am still torn on if Bitconnect is a scam or not. I have seen a multiple videos arguing for and against it.
For steem, I don't think a referral program would be a bad thing necessarily, but I think there are some improvements that should be done first. I cannot remember who the user was (I can go back and try to find it), but he said there were some serious scalability problems with the platforms. Not sure if there was any incredibility to this whatsoever, but if so, these would need to be addressed prior to creating a system which could bring in a ton of new users!
The only thing I know is their marketing is the most effective that crypto has ever seen. Can we all admit that they've perfected marketing? Something Steem and Bitshares always couldn't figure out how to do?
You are absolutely correct about that! They have done a masterful job! They have put some of the best MLM's to shame with their marketing efforts!