RE: Pay to Play – The Future of Steemit
In any case, 2019 is a long way off. As things stand now, lots of content creators are going to leave. But that doesn't matter, does it? Content creators are a dime a dozen. As long as there are investors with fat wallets willing to prop up the price of steem, and a stream of creatives suffering from the delusion that steemit would be any more profitable than trying to make it as a writer or artist anywhere else, everything will be fine, right?
This is the hard truth. Quality of content doesn't matter, so long as it's 'content'. STEEM will rise in price atop that illusion. The pyramid it stands on can be built of dung or steel, so long as they're shaped in bricks. And bidbots and investors give those bricks their form.
Content creators can leave without any substantial consequences to the economy. Steemwhales.com states that 95% of the value on this site are held by 2% of the accounts.
Content creators aren't the big money holders 2%. They're the cannon fodder, the pawns.
Scrooge McDuck has that big money.
The revolving door will continue to turn with or without us. That's just the name of the game until the platform's actual underlying structure is changed.
So pop a beer, sit back and wait and see if Hivemind+Communities can change anything. If not, well, it's been good, Steemit. You'll probably get a choice of different platforms as crypto continues to evolve. EOS will have one, and others will pop up as the crypto bubble continues to expand.