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RE: Vlog 310: I think in the future Steempower held by investors will be used to fund individual projects instead of individual content creators.

in #life7 years ago (edited)

Checked your Steem Power in your account... Yes you will be fine! Hahaha.

1 thing is for sure there will still be plenty of ways to earn Tokens! In this new world of abundance that we are building. Since it's all about generating new levels of abundance instead of taking away something. And the amount of Telegram Token projects that is currently going on... Blogging right now is a very cool way of mining the STEEM currency but clearly most humans in the world isn't bloggers. The core underlying system that is what everyone will be needing. That will say a system that works like a private Bank but that is much easier and faster to use.

Surely the STEEM currency will move into a more business direction just as you say. But the Smart Media Tokens will more be for the community. And it needs to branch out into thousands of smaller niches that exists. And with a world population going up to 10 billion it's not like we will run out of humans to create new interesting projects with engaging content.

Clearly the output of production will be extremely high and effective just as Elon Musk has stated. The old way of buying a domain and write on your own website with lazy Adsense ads on there that is the old outdated model that doesn't create any real deeper trust and connection. Now we have the monetary system and the reputation system to evolve into the next Era. Sophisticated online Tribes. The End of clickbait that will say. Surely you will still be able to do that old model but it won't be as rewarding as the new model. Same as people can pirate music but use Spotify instead since it's so much more smooth and convenient to use. Saves Time and Energy.

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Nicely put, buddy. Clearly, we are moving into a new era of transacting and the benefits of blockchain tech combined with socio-global demographics, are a match made in heaven. Exciting times for us all... :)