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RE: Your Votes Don't Matter ~ Back of the Envelope Steem Power Madness Calculations
Facebook doesn't only count your vote if you invest into their stock do they? And Reddit doesn't only count your votes if your an investor either. This is basically what the platform is your votes only count if your an investor. How about we just create a great platform build the site to over 1,000,000 active users and not worry about the money just focus on building a successful platform then the value of SP will go up. The only way the value will go up us to build the userbase.
All very true! (However Facebook and Reddit don't pay you for your votes, or your content that they profit from.) This is new territory, and I won't spam here but just did a pretty decent post totally agreeing with you. I've said in comments and articles many times, Content is King, Cream Rises, comment, build an organic following, and play "the long game" here because the price will go up (as the user base increases, as you said) and all of our micro-pennies just might turn into a whopping retirement fund as every college kid in Uzbekistan (ie, everywhere) signs up here just to get a free blog. The platform is still in Beta, building a great platform is what is happening now as committed users add their content and technological skills. It's awesome to be in on the ground floor still i think.
Thanks @ibringawareness. If I didn't care about the platform or didn't think it had a future, I wouldn't have posted this. However, I think it's healthy and helpful to point out things like this. Please keep in mind when I said "Your votes don't matter" in the title, I'm including myself since I don't have 100k or 1M SP either ;)
Indeed, I'm still a microplankton too. And as to the beow, yes we all get excited about money; it has to be included in the discussion always, as a large part of the equation.
Good points, but since money is a part of this new paradigm we can't just ignore it. It seems like anything which could improve the situation for newer users would be helpful to the growth of the platform, which is why I brought this idea up :)