Out before the start

in #steem7 years ago (edited)

There isn’t even a use case for blockchain in the ‘real world’ that is widely used, yet people already rage quit with prices dropping. - @fedesox

This is a comment I got on a post today and I found it fitting for a conversation I had had with a client not an hour before I had written it. We were having a discussion about people who chose not to use various technologies and what it cost them.

The example I asked my client about was what his work would look like if he never picked up a smartphone and he ran through the scenario and was surprised at how much he actually relied on it and after noted, he wouldn't likely be able to keep his job as he would be too inefficient in comparison to those who utilized a smartphone.

Out before the start

How many people dismiss something before the start? How many said phones, digital cameras, the internet, personal computing, electric cars, combustion cars, airplanes... and the list goes on, wouldn't happen? How many might have even given some of these things a go in the early stages only to be disappointed with the pace of development and got out? Now, these things are consumables that could be bought and then could be rebought when the upgrades happen.

What of the investors?

How many investors got out of Apple because it was relatively flat for decades, how many left Nokia when it went from a rubber boot maker to a tech company with several steps between? What is incredible in crypto and Steem, is that the majority of people haven't been in for more than a few years and those who have managed 5 or 6 in an industry ten years old are considered veterans.

"I got into crypto in 2014" is said as if it was a long time ago. I have underwear over twice that age (granted, they are very good quality) but 5 years is nothing when it comes to career expertise. However, with so few in and with such a short history, 5 years can be seen as significant considering the industry and, the attrition rate.

This is especially true of Steem (only three years old remember) because most people who come in to the scene see it as either a crypto opportunity or, a social media opportunity without recognizing the hybrid nature of the platform and the near limitless applications to which it can be applied. People come in, treat it as they expect it to behave, get fed up and leave without adjusting their behavior to suit the environment.

Steem currently fails at being a robust social media experience like Facebook, and it fails to be a highly sought speculative coin like most of the shitcoins out there but, in combination it has a massive amount of long-term potential. Given th time to mature and develop into the ecosystem it will eventually become in a larger ecosystem of crypto and blockchain projects, it will be able to satisfy both the media and the investment aspects and offer a whole range of experiences for consumers too.

And still, what of the investors???

Yep, people can leave and come back and still use the system however, when it comes to investment potential, it is always the earlier the better and this is a time that those who believe in that future of Steem will be collecting their future voice in an economy that is driven by attention.

While not a space everyone is able to navigate well, those who adapt regardless of who they happen to be, or their background or skills can all do something to support their future position here on Steem by investing themselves in with what they can.

Throw up or roll up?

So many throw up their arms in disgust at the current situation and leave, while a growing number of people are rolling up their sleeves and getting to work. I don't mind "losing" those who do not see the bigger picture of the space now and just like a person getting fired, I wish them well in their future endeavors.

Personally, I wouldn't want people who rage quit and spread FUD working for my company and as an owner of staked Steem, I am happy if they choose to leave on their own accord. Sure, some of these people are talented individuals who could be an asset to the community but, it is up to them to be an asset, not for the community to give them special privileges and keep them happy as if they are rock stars who want all the blue m&m's picked out of the bowl for them. Divas.

There have been lots of divas on Steem in my time; noisy attention seekers who have an over-inflated ego and over- weighted sense of their value to the community. Some leave, many whinge, all will eventually be irrelevant.

In my view, we are still at the start of it all, but you can get out at anytime.

Taraz
[ a Steem original ]

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Thanks for the mention! Unfortunately for some people, the current dollar valuation is considered to be the reflection of what is really taking place, which is clearly not.

One of Apple’s cofounders sold his shares for 800$ at the first spike...instant gratification might turn out to be a very bad choice.

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One of Apple’s cofounders sold his shares for 800$ at the first spike...

I heard this, just imagine... I wonder how he did after as I assume he was no idiot otherwise.

Thanks for the mention!

You are most welcome :)

I have underwear over twice that age

Don't you just hate it when someone picks the line out that is least relevant to the topic?

I hear that time in the market is better than timing the market and this is a new, highly speculative one, so probably even wiser to sit still and earn a little :)

Don't you just hate it when someone picks the line out that is least relevant to the topic?

The brand is Oroton, an Australian company. They are fantastic :D

I hear that time in the market is better than timing the market and this is a new, highly speculative one, so probably even wiser to sit still and earn a little :)

Time participating is definitely the place to learn and on Steem, aid earning also.

collecting their future voice in an economy that is driven by attention.

So much this. Anyone can talk to everyone now. Standing out isn't about finding a way to spread your message, its already everywhere. Now its about attracting attention, which is about credibility.

Now its about attracting attention, which is about credibility.

I have been thinking a little about this on a small scale and it could be as simple as being able to reward some comments. A reversal of pay-to-play and instead, paid-to-play. I might write a quick post :D

Very true thought as it will become a better place if most leave hit we will always have those that will continue to create FUD instead. I may need to ignore some more as it seems to be rubbing on me as I have been somewhat frustrated as of late!

Posted using Partiko iOS

I may need to ignore some more as it seems to be rubbing on me as I have been somewhat frustrated as of late!

The frustration comes and goes for me too but I see it as part of the influence over me that I can choose to control or be controlled by. It is good to have a bit of FUD in life but at the same time, I consider my own emotional control better than many others which means what they might fear, I might happily walk.

I view my investment in Steem today in 2019 in the same way as Bitcoin in 2012... BTC had a bumpy ride yet it is still a marvelous investment if you got in early. Same with Steem. And 2019 is quite early for Steem.

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