RE: A Piece of History
More importantly in my opinion there would be a ton of people who could afford to change their lives.
There is massive potential but short-sightedness will cost many people who need it most.
If those with the most influence continue to make more minnows succeed the demand for Steem, SBD, and the Steemit platform would skyrocket.
it would and as distribution continues, it will get better. I feel a shift coming.
Seriously can you imagine 50,000, or how about 500,000 steemit bloggers earning even enough that they can help pay some of their bills and making their lives a little better.
This helps me stay engaged and working.
but the reality is as a minnow without the means to purchase thousands of SP the chances of myself making much of a difference are probably fairly slim.
Ten months ago, the amount of SP I have now didn't hold much weight as you can see by the prices. Things can change relatively quickly and when prices hit the 50 mark, a few hundred makes a dolphin. People are yet to understand this yet. 1000 SP at 50 dollars is $50,000 worth. People should be 'working harder' to build themselves but, the scam will keep the price down which means, work hard and well.
I am really hoping that we see $50, but prefer it not to happen until I have time to a few thousand SP. Would much rather earn it while the price is lower as it's considered earned income in the US once you earn the money. Then if you sell there will be Profits or Losses based on the difference from the Earned Value to the Sold Value. It's a lot to keep track of and I fear most here do not even have the slightest clue about the tax implications about their earned income from posts.
Will keep plugging away and see where I stand at the end of the year. Either way I'm sure it's better then where I am currently as I will keep pushing forward towards my long term goals.