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RE: Don't put ALL Your Eggs In The Steemit Basket
Good tip, but Steemit is far from being Amazom. And I doubt Amazon will go out of business in our lifetime but you never know their stock is at $771 a share and their market cap is over $300 Billion. So until Steemit market cap reaches $300 Billion I would not compare it to Amazon. This is like comparing Jims family Resturant to Buffalo Wild Wing or McDonald's. We have to get to that point first and then we will see.
One word : MySpace
YES!! Myspace haha. That happened super quick too. It's like in one week it did a 360 and everyone was leaving.
What I got from her point is that a platform can change the rules for the people using it -- and Amazon has sure done that over the years. Recent changes for Kindle books hit some authors and publishers hard, really reducing their income. But it has helped other authors. And the Facebook changes that reduced exposure of posts really affected people's connections to their followers and friends there, so folks had to change what they do or move to other platforms, too. It is nice to have stable platforms out there, but their stability is not our stability (unless we are stockholders, I guess). PS: I liked seeing your image with your comment.
YES! @haphazard-hstead understood what I meant. I wasn't saying that Amazon is anywhere near Steemit, I was just using an example. Because Amazon is a big part of my income. And I know a lot of people who use only Amazon for their income. It's dangerous.
Part of Amazon's changes actually dropped my income. So I know by experience. And It changed overnight so I had no time to prepare. Luckily I had my job at that moment. Otherwise I would have been screwed over.