You are viewing a single comment's thread from:
RE: I am Busy
I think one of the reasons it’s hard to get people to join is that this all seems like a pyramid scheme and how media paints anything crypto related almost criminal.
I’m higly sceptic about the future of steemit, but of course I hope it keeps thriving and steem price to moon and all that.
The pyramid scheme argument is incredibly stupid as one does not require any monetary investment at all to start blogging here. For one guy in particular at the Lahti go club it seems to be a sticking point that he cannot process the source of fiat value of STEEM as anything but an investment bubble. In actuality, it rests on the ability of Steem to attract a large mass of users whose attention would be worth a great deal to promoters and advertisers. Of course, STEEM benefits greatly from the general crypto mania at present. One great thing about Steem is that it is also a very high throughput payment system that has also been battle tested for about two years now. It is of genuine use of countries like Venezuela where fiat money is broken. Many of my Venezuelan users use Steempays to pay for everyday items.