If Steemit = Facebook then 1 STEEM = $3624.56
Your 12.26 STEEM is now worth $44,437.11.
You're welcome!
Here's how to make math fun:
Facebook market capitalization: $346,100,000,000.00 (https://ycharts.com/companies/FB/market_cap)
Total number of STEEM available: 95,487,434 ( https://coinmarketcap.com/)
Happy Steemer = $346,100,000,000.00 / 95,487,434 = $3624.56
Remember folks, money doesn't buy happiness. But beaches are nice.
Steem on!
#steemit #money #motivational #investments #steemthought #newbie #life #whalecall #philosophy #truecrypto
#investments #money #motivational #craigrant #whalecall #steemthought #truecrypto #philosophy #life #newbie
If 1 STEEM = $3624.56 / does that mean Dan and Ned are trillionaires? I don't see how this will ever work
I believe the world's first trillionaire is going to be a crypto-king or crypto-queen. If Steemit can roll Facebook/Reddit/Wordpress functionality into a unified platform that rewards its users... hell yes. I don't know Ned, but I've been following Dan for years and I can't think of anyone that would make a better crypto-trillionaire. Honestly. It would be epic!
One thing that bothers me is this: How many voluntaryist libertarians there are, and how much wealth and power they have, and how little political savvy they have. That's why we still have a DEA.
The saddest spectacle I can think of? More libertarian millionaires than Democrat and Republican millionaires, but them(the Ds and Rs) still riding herd over poor people with a huge prison-industrial complex because those libertarian millionaires "refuse to get involved in electoral politics," or are "principled nonvoters."
Being a "principled nonvoter" just means one thing: you're OK with being governed by power-grasping sociopaths.
/rant
Right now, libertarians could EASILY control several state legislatures, and have hundreds of pro-freedom initiatives on the ballot across the USA that would destroy state collectivism in the next election. (And this option recurs in each election, and will still be possible in 2018.)
"Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild. I don't think political reform is how the game changes.
Electoral politics is antithetical to pure voluntarism. Ignore the horse and buggy and develop the car. The buggy can't be improved any further.
no, they own less than 100% of the ecosystem, which by definition in the post was $346.1B (FB's market cap). E.g., @ned owns 11.1M of the current $299M market cap or 3.7% = $12.8B
Thank you sir, you just made $3000 STEEM completely reasonable!
Made it more reasonable-sounding... but a few other points:
I could keep going but I know I'm preaching to the choir. I'm saying it could be more.
Ha - yes all true! Could also add some of the market value of Reddit, YouTube, Wordpress etc. as Steemit will grab market share from all of those platforms over time.
https://steemit.com/steemit/@minion/youtube-vs-steemit-enemies-or-siblings
[IMPORTANT] This post covers the Similarity between YouTube and Steemit as well on How to use Steemit and It's OFFICIAL CONTENT RULES.
Excellent post, upvoted! It will not be long before the Youtube heavyweights find Steemit and start driving their traffic here... some of them get tens of thousands of views. Imagine tens of thousands of upvotes. Bam!
I want to be a Steemillionaire
Oh that is sexy. So... steamy.
This is what the worlds first trillionaire will look like:
We all know it's true. I wonder what I look like to my computer?
It's really interesting stats! Thanks for the calculations.
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I like your optimism. :) Let's face it though, Facebook is on a different level. Try Reddit - that's realistic if the Steemit devs knock it out of the park with perfect marketing.
“You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete.”
― R. Buckminster Fuller
Nice!
Nice it is, and true. So true.
Thank you, I like your flowchart on what to do with Steem Dollars. Upvoted!
I hear what you're saying and I raise you. Steemit will add profiles and messaging, likely in the very near future. Now someone throws up a pic of their new baby, the family upvotes and boom! Junior has a college fund started. Or... college guy has house party, posts the invite, half the college upvotes and boom! Most epic party ever... Or a Haitian orphanage posts bios for their wards and boom! Hope.
Facebook is on another level, but that level is now obsolete. Steemit can literally do everything Facebook does, but so, so much better. There's a quote about this.
Thanks for the upvote. I was waiting for the 30 minute buffer to upvote yours. :)
I won't try to spill water over your fiery optimism, so I'll just say - let's see how it turns out! Certainly there's potential.
You're welcome! I agree it's early days, and the moonshot is going to depend entirely on how the devs roll out new features.
You know what makes Steemit win? Upvoting your content to give you a financial reward should feel revolutionary. You know how it feels? Natural. That's why Steemit wins. In my opinion. Which is rarely right or humble, so YMMV. Thanks for commenting!
Also, I just learned about Dalits. Mind blown. Thank you and upvoted!
You are absolutely right. It's going to depend entirely on how the Steemit devs execute features and most importantly, market the platform.
Please do comment on the Dalits post if it interested you in some way. I know it's old and never going to trend, but every little bit helps. :)
Commented! I can't believe that sort of thing still happens. It's ridiculous.
Why 30 minute buffer? If you can briefly explain:)
I was wonder the same thing, and would also like to know what this buffer is. :)
You are penalised if you upvote in the first 30 minutes. 100% if after 0 seconds of the post, 0% at 30 minutes.
You don't say. I had no idea! What is the penalty?
I like that math LOL!!!!
Bucket list for a Steemit trillionaire. Seriously, what couldn't you do as a trillionaire?
lol, nice stats, let's get Steemit to the Facebook level. :)
It's you and me doing this right here right now that will take Steemit to Facebook level... and beyond.
It wont be long before that happens
I have a real beef with the comment organization thing. Here's this great comment, with a lot of potential for a counter-comment, and I have no idea what the comment was commenting on. It's just sort of hanging out by itself, but clearly referencing something that should be discussed. Bollocks.
I'm going to say.... yes! It won't be long before Steemit eclipses Facebook's market cap and in so doing makes the first crypto-billionaire!
Do you know if Facebook or Twitter are taking countermeasures against people who raid them to try to get their followers to join Steem?
We've seen a few of Facebook and Twitter stars show up with 100k followers - as of yet no public outing of FB or Twitter taking action. Right now it's like a crack in the dam that's seeping, too small to notice. But the crack is getting bigger by the day and I'm not sure they're going to be able to do anything when the flood starts. If/when profiles, likes, messaging etc. are added it's going to get ugly..
Dream come true
It certainly would be, and the best part is that the benefits would not just go to the tiny crowd of crypto-geeks (of which I am one) but to a much broader audience of people. Awesome!
Most people where brought here by the money in the title = money is the social capitol of the world
We all want to dream of better days. It's hardwired and good for what ails ya!