Steem Buying Opportunity?

Steem Buying Opportunity

I have been interacting with the Steemit community again after going through a couple more absent spells. I have never stayed around here for long periods of time and really jumped into the community, I am a part timer.

I drop in for awhile, get bored or frustrated, and then forget all about Steem for months at a time.

I am not really a content creator, not am I an IT or tech guy to say the least. I do not have the technical skill to be developing Dapps or the like.

What I am is a voluntaryist. I was attracted to Bitcoin fairly early as an alternative to the destructive central banking schemes of the world. I am fairly well versed in economics, and vehemently reject Keynesianism and instead follow a much more Austrian school of thought.

I was immediately drawn to BTC once I learned of it, and began buying and using BTC back in mid-2013, I then invested in some of the alt-coins, and finally joined Steemit in mid-2016.

Long story short, I am here mostly as an investor in Steem, but I also enjoy interacting with other users. So I use it a little bit like social media I suppose.

This time around, I am much more interested than in times past, and I plan on sticking around this time. I think that HF20 was, although rolled out sloppily, a necessary development.

Steem is gearing up for some real change! And change for the better.

I find it amusing that I am still seeing the same old debates about how to stop reward pool "abuse" and how to better attract, reward, and retain quality content. There are still minnows complaining that the whales have too much power, and that it is impossible for them to earn. Large parts of the community are still stuck exactly where they were when I joined in 2016.

The funny thing is, in order to be successful on Steemit, the recipe for success is exactly what is was two years ago.

Practice creating better content, post regularly, interact with your followers, invest some of your own money, and participate in some sort of self-voting or vote selling.

Nothing has really changed. Anyone who had started doing ALL those things in 2016, would have considerably more Steem today. Simple.

Of course there are many here who are opposed to self-voting and vote selling, and still others who say that you should not have to invest your own money in order to fully participate. Those are valid arguments. But I am not a developer, I am an investor. I am interested in making the most returns on the blockchain as it currently stands.

I don't care about what should be. I am not invested in a blockchain that rewards the best content - even though that was the intention. I am invested in a blockchain that rewards social interaction, outside investment, and vote selling. So that will be my advice, as long as that is what we have.

What I find really funny is the number of people who publically state that bots, self-voting, and vote selling are all terrible and will kill Steem - and then privately run or support bots, self-vote, and buy and sell votes!!!

It appears that all of these issues are about to fade into the background anyway, as Steem has started to attract so many more developers.

It will be third party onboarding and Dapp development that really drive Steem forward. Will there still be a place for content creators? Yes. Will Steem still be a blockchain developed around the idea of a social media? Of course.

But the real growth, the real developments will be from this new entry into the Steem community - the entrepreneurs!! Those who will make Steem the most useful to the largest number of people will be the ones sharing in the largest portion of the rewards pool. No different from free markets anywhere - those who are able to serve the most customers make the most money.

The direction that Steem is on now will make all the "reward pool rape" battles over the last couple years look silly. That type of behavior will eventually be coded out of the blockchain to be less successful, and the rewards will be going towards those who have created the best Dapps, and who onboard the most new users instead.

In my opinion, this is the best time to start investing money into Steem. And that is exactly what I have started doing. Today I added a few Steem bought at a bargain price of $0.80. I will continue to make purchases weekly for the foreseeable future. An investment in Steem now isn't just an investment in a social media blockchain, it is an investment in all of the future Dapps that are being developed here as well.

All aboard the Steemtrain!