RE: The Steemit $$$ Challenge: Prove To Yourself Why You Are Here
I think it is safe to say that a significant portion of the current community indeed are highly motivated by the potential quick buck - and who can really blame them? But, you know, that is fine if it means people are willing to dedicate time and resources on expanding the platform and creating content. It works both ways though, indeed. I do feel it is important to note in this regard just how successful Reddit is and how there is nothing beyond the sacred Reddit Gold to be "earned".
You can moreover make the argument that Steemit, regardless of price, offers more than Reddit for content creators due to the simple fact that Reddit offers nothing. $1 on a single post is still $1 more than what a lifetime on Reddit could yield you. The incentive to post and contribute on Steemit will always be present - sometimes more lucrative than others. Similarly, creators from other platforms with existing monetization models would be able to post that content on Steemit as well and thus create an additional revenue stream with the potential of hitting jackpot, so to speak.
It is also worth noting how the rewards will increase significantly as more people arrive on the platform and accumulate power. However, we very much rely on the platform being finished so that we do not lose the game due to lacking functionalities or the like.
Yes! I've been saying this since day one. It's amazing to me how quickly people will complain about getting only $0.25 on a post when, for years of their life, they have posted on other platforms and received a grand total of absolutely freaking nothing.
I'm all about this system making a ton of money for a lot of people. Value in money, to me, is a certificate of appreciation (that's not mine, it comes from Rabbi Daniel Lapin). Money is needed to hire developers, run marketing programs, handle PR, etc. This system has so much going for it. Time will tell what that ends up meaning for us all.
I totally agree @lukestokes. I regularly make $10 - $15 for just asking basic questions here. That's huge motivation for using Steemit. One user suggested this as a replacement for sites like StackOverflow. Couldn't agree more. Why shouldn't users who put in the time and effort to answer questions be rewarded. I could see code snippet challenges play out with bounties paid in real time!
That's a great idea, @billbutler! A StackOverflow powered by Steemit would be amazing! Payouts would continue coming in years later as well. Brilliant.
Not really. If you make enough posts on reddit in the right sections, you'll probably receive a few tips.
Not uncommon to see $1-4 tips on the r/bitcoin section .
Reddit bitcoin tips are kind of an anomaly in the larger ecosystem of the Internet. Though I agree with you, the Steemit white paper goes into great detail on why micro tipping isn't as effective as this voting model. Thanks for pointing this out though. Some may not know about the tipping bots on reddit.
Lol. Quick bucks ? I have an average of $0.1 per post XD. And many times it took me even a lot of effort to make it. You earned more with your reply than me with ALL my posts together :-p.
this!