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RE: Synthesis thoughts on Steemit after 2 months being here. Issues i see.

in #steemit7 years ago

I like Steemit and will carry on using it because I enjoy it. I guess you could make a living off it but not in the first 2 months. In 2 years it may generate a decent income especially if the value of Steem rockets and you have enough followers and you put out quality content. Do think you have some valid points though @artofwisdom

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if Steem value rockets, it would be more expensive to buy Steem for Steem Dollars as they're pegged to US Dollar what goes back to less and less of purchasing power of SBD/USD in time. Which means it would be more expensive and difficult with time to Power Up. And with reward pool staying the same and nr of users increasing it would mean that your Steem Power gives you less and less SBD voting value. And there goes the circle. Some serious changes are needed or it would indeed be '' The Decline of Steemit'' .