RE: On the Eve of Hardfork 19, a Look at "Making Money" vs. "Earning Rewards" on Steemit
I am more concerned with the leveling of the playing field in terms of voting power that I have heard about.
I am new to social media and blogging. Steemit is my first experience of this and I am enjoying it very much but I very rarely click on the 'new' tab these days as it is generally filled with posts that I myself feel are 'money making' posts, linked videos from youtube with no more explanation than 'watch this' or such like. I still force myself to click on it now and again so that I can try to find a diamond in the rough but it is getting harder I fear.
We ofcourse all have a different view regarding what is 'quality content' and 'adding value' so I suppose we will have to see where the platform ends up but I think you are absolutely right in saying that we reap what we sew.
Thanks for another thoughtful and helpful post @denmarkguy!
Agreed that "quality content" is somewhat in the eye of the beholder... and I'm all about having a variety of content. What I don't like is the idea that Steemit becomes a "content mill" which (among other things) will result in it falling out of its current really high standing with Google. Google really likes us because Steemit isn't ad infested. But if we get too much copy-paste and "thin" content, that preferential treatment will vanish in a heartbeat,
I hope the whole "equality" thing of HF19 pans out as planned... the idea being that more people see more direct benefits of participation sooner. That works for me. Whereas I can appreciate that some of the early adopters who stand to see reduced rewards might be less happy... one could argue they have already made their millions, and by leveling the playing field a little, they will actually benefit when the price of Steem goes up as a result of a dynamic venue, and their existing holdings could increase 10-fold. That't not such a bad return on investment.
I agree completely and whilst I respect a lot of the early members for the content they produce and their efforts in building a platform that we can all share and enjoy, I would also agree that in the long run this may be a positive to them as well but the most important thing in my opinion is allowing new members the opportunity to succeed as well.
We are suffering in the real world from those who built our modern world in the way it is holding on tightly to all of the power they have amassed so to see that steemit is turning away from this is a very welcome change in my opinion and gives me a little sense of pride at being part of this community!!