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RE: 5 Reasons Steemit Is Being Mocked

in #steetmi7 years ago

When I first heard about Steem I thought it was a scam too, despite being in the crypto currency scene since it's early days, I don't remember when exactly but back when Bitcoin was worth cents (sadly I never mined it, or I'd be rich now!).

I think my main reason for thinking that Steem is a scam was that I saw people get thousands of dollars for posts I didn't feel are worth that much. It sounded way too good to be real. Now this is much more rare on Steem since there are so many more users compared to its early days, so the posts that get so much money tend to also be of a much higher quality compared to before. And more and more people talking about Steem then made me check it out again.

And with the now saner rewards for posts, it finally began to click in my head. Of course there is value in people writing posts. It's journalism. Journalists get paid. Of course writing articles is worth money. Facebook makes billions with people posting about their life. Why shouldn't you be able to create a system where that money goes back to the content creators and not the big company controlling all of it?

So then I finally signed up for Steem in April and I was still wary in the beginning, because it took me a long time to figure out how Steem really works (it's quite complex to understand, the witness system, the three currencies which made no sense to me until I understood the system behind it and why every single one of them has it's unique function), but I read as much as I could, started playing with it's programming API and now I could kick myself for not having been part of Steem way sooner :)

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Why shouldn't you be able to create a system where that money goes back to the content creators and not the big company controlling all of it?

Once you get that right, it will all click. As for not joining sooner, well, there's never a better moment than NOW :)

Oh yes, it's not that I am now too late for Steem or anything like that, I just wish I wouldn't have wasted so much time on Twitter and Reddit that I could have better spent on Steem :)

Sometimes people who know little about crypto currency think that of Bitcoin for example. "It's too late, I missed my opportunity, now Bitcoin is worth so much it is too late for me to buy it, why should I care about it now?" is something I've heard people say.

But I came late to Steem, had zero followers, and still made a few posts which received hundreds of votes and therefore dollars. I didn't even need to have a big following to get to the point where I'm making money. And now after just a few months I'm closing in on 200 followers already.

Compare that with YouTube for example, where you need to work for a very long time, often years, to build up your channel before you can even hope to ever get something in return, especially now with the change they made that you can only monetize your channel when you have at least 10,000 followers. On Steem, at least for me, I was rewarded instantly, as soon as I had written my introduction post about a month after I signed up. If that isn't the future, the future is silly.

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