RE: YouTube will dominate steemit.
Thanks!
My guess? Not long. A few weeks, maybe. The biggish names who are willing to learn about Bitcoin and this platform will adopt early for massive profits. Big youtubers pay attention to biggish youtubes, so they'll look into it, too. Then you'll see YouTube be forced to change its monitization models or die.
Hmm… steemit better be ready for this. If the big names choose to monetize over here, the platform will have to make big changes.
I don't want steemit to kill YouTube. At least not before it can handle the coup!
Just thinking about it: someone like Matthias, with 1.5m subscribers, might make $1000/video. Now, that's not bad money overall, but if he had a fraction of that traffic engaging him over here???? Hundreds of thousands per post. Someone like PewDiePie? Millions per post. It's… going to be a stress test.
It's going to be a trickle that suddenly turns into a flood, like a dam bursting, and I agree it will be a serious test of the platform. Given how well the Steemit is performing as a beta release with the exponential adoption that has happened over the past two weeks I think the devs are have prepared for a tsunami, but time will tell.
The site needs to be more friendly and convenient for subscribers/followers (notifications, profile walls, etc). If it can do this and beef up security, I think steemit might have a chance! I'm near investing, myself.
Yes, agree on all points and I'm sure all of that functionality will be in the final release (this is just a beta). The dev team is really top notch, one of if not the best in the industry.