Why I'm investing in Steem
Ever since being introduced to Bitcoin early 2013 I have been waiting for a killer app to arrive.
Bitcoin has great features in that it stores value and is borderless, but the people I show it to often complain about its complexity and learning curve.
In fact, when I first heard about bitcoin I immediately dismissed it as a ponzi or a bubble...and I'm not alone. Almost everyone I talk to about bitcoin has to be convinced that it's a good idea and not some ridiculous scam.
When I discovered Steem on this past Monday I was blown away. Here is an actual use of blockchains that speaks to the community of social networkers. And since discovering it and showing it to others, not one has asked if its a scam, because they get what it's trying to do. Not only that, but they have quickly and easily been able to set up accounts and start using the site without spending a dime.
This truly is an amazing creation...when you start to use it you begin to see the benefits of this incentivized up vote system. The quality of trending posts are rock solid and I feel like I'm genuinely learning from them.
You're most likely aware of these things already, but I'm just so floored by what Steemit is and what it's trying to do.
I can imagine a world in the future where all major publications and news companies post to Steem. Entire industries of bloggers and news aggregators should crop up because of this incredible use of the Blockchain.
I remember reading about app developers in early 2009 who were making a ton of money for developing simple apps... I think were on the same trajectory... In just a few years others will be reading articles about us working full time six figure jobs from home by blogging.
I love bitcoin, and I still hope to see it succeed, but with platforms like Steemit, I think the competition is heating up!
Note: imgsafe.org is down, but imagine pretty pictures of decentralized networks and social media platforms...you'll get the gist ;)
We will see. As a newbie to cryptcurrency who has heard about Bitcoin but not used it yet it is very confusing and complex wanting to BUY some Steem.
And the main question will be how the mainstream masses will behave. They must get convinced to leave the established platform where a lot of great content has accumulated over the years and where all their friends are. But the idea to get some form of payment for posts and partecipating has some merit...
Getting paid to do something you're already doing elsewhere for free. What would you do? And come to think of it, you're already here... :D This is going to be incredible.