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RE: Bringing Steemit to Japan: Market Confidence and Mass Appeal are Needed First
To me, this is a classic chicken/egg problem. People can't be more confident until they know what's going to happen. People's confidence will largely determine what's going to happen.
One thing I just considered this morning: what if the incentive for mass adoption of Steemit is actually low right now due to the higher than normal STEEM dilution rate? In less than a year it will settle down to something around 100% a year, but right now it's much higher than that. I wonder if the influential Steem Power holders are fine with letting things play out organically until those numbers change.
As for a newsletter, what kind of content would you want to see in it? Should it come from Steemit, Inc?
That is a very valid point. I have often thought about the chicken/egg thing as well. I tend to oscillate in my feelings/confidence in Steem, but remain vested, because at the end of the day I am still excited about it. Plus, what it has done for me as a writer and as far as connecting me with like-minded people who create great material should not go unmentioned.
Interesting take on the dilution. I am going to look into that more deeply.
I've gotten more value in terms of relationships, writing skills, communication skills, personal enjoyment, education, etc, etc out of the BTC I used to invest in Steem Power than I ever did having them sit in a paper wallet. I'm quite happy with that transaction.