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RE: Adjust Your Expectations: Steemit Is Designed as a Lottery

in #steemit7 years ago

Privacy, censorship, and being monetized are factors that only matter when there are options. Steemit is but one option, and the plutocratic governance of it's economy is perhaps perceived as just as significant as the other factors.

Fairness is a feature that people, and even other animals, are highly sensitive to. As continuous new platforms are introduced to the market, the feature sets, environmental limitations, and economic pressures that impact adoption are targeting market segments of significance as available.

As platform features are largely dependent on the governmental imposition of each of these factors, it may take some time for platforms and environments to evolve until current platforms of choice are abandoned for preferable competitors.

Steemit's growth is an example of this happening.

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Steemit is but one option

What are some others?

The ones mentioned, that people are fleeing to Steemit from, and competition being developed, or that will be developed in the future.

It is those aspects of social media earlier mentioned that people dislike and Steemit doesn't exhibit that has driven people to Steemit. In the same way people will vote with their feet down the road, in a more competitive market, in which I want Steemit to lead.

Other platforms can be monetized, but economic rewards aren't built directly into the platform. Seems to me, currently, Steemit is the only game in town.

Yes. I agree, on that count.

Can you expect it to remain so? I don't.

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