I don't disagree entirely, but you make it sound like anyone who signs up next year won't have any chance at all. To me, the big unknown is still what would if a celebrity(e.g. Taylor Swift) with millions of twitter followers etc. comes here and tells all of their fans to follow suit? In that case it surely wouldn't be too late for the celeb, but how would that affect everything else here?
I am sorry but this is the raw truth. I am not saying a person signing up in 1 year or 2 years will have 0% chance of success, but it will greatly diminish, and that point it would be like playing the lottery.
I remember on Youtube, most youtube stars became famous around 2007-2008 when it really kicked off, and now despite millions signing up, it's very rare for a new star to emerge.
I don't know exactly, but it was something like 90% of the Billionaire families in the world became billionaires before 1900, the rest before WW2, and only 2 of them became after WW2.
So the distribution of wealth/success, always favors early adopters. Heck just look at bitcoin, how lucky were guys who mined in 2009.
It's the Pareto distribution, and this is how things are.
Yes, the first movers will have an advantage, but how would this platform get serious long-term growth if it becomes so much of a lottery/crap shoot for new users? I thought Ned and Dan wanted this thing to compete with the FB's and Twitters of the world, and making it so new users have basically no chance would discourage tons of people.
Well it would force people to put their best in it. Everyone wants to make money and succeed, so they will put everything they have into their content and the competition around here will be fierce. But this will make this platform very high quality, it will be very easy to outcompete FB or Twitter with their low quality contents.
New users will still earn more than in any other platform. If Steem's price grows everyone will have a chance of this, but only the best people will get to the top.
Libertarianism & free markets will always lead to a meritocracy.