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RE: Steemit community need a dose of reality, am all for decentralization but Steem desperately needed investment and it can't be business as usual

in #steem5 years ago

So by saying all that you were saying, you were happy with the way things were and want it to continue that way. I am trying to understand the alternative that these folks are putting forward outside of Justin Sun. From what you saying, you saying that the Steem users would have to foot the bill and the witnesses and developers continue to dump on them as usual. That precisely what you saying there

Not just users. Any speculator in the crypto space. Software development is real, honest work. Steemit, Inc sold tokens to speculators to be able to pay developers in dollars. There is nothing questionable about selling tokens to pay developers in fiat. The whole chain would not exist if it weren't for the developers. One developer equals to thousands of average level content creators in value.

What is the alternative, can small bloggers like myself make anything on this chain, or any blogger that outside the circle of a few accounts that regularly vote for them.

Yes, thanks to speculators particularly during a crypto bull run.

Look at it this way, the same witnesses and same folks regularly vote the post to trending and before someone gets there and happens to continue to make a little money, they receive flags.

The reward distribution is like that everywhere. Rewards follow a power distribution in any creative industry. You make it sound as if the same witnesses and folks regularly earn a lot deliberately remove rewards from the little people by downvoting them in an unfair and greedy fashion. That is not an accurate picture.

Look at the way Bernie was behaving, flagging everyone else and upvoting his post, he was making a point of the shitshow that was here. This simply could not continue like this, we have at some point in time have to think of the speculators as well, this cannot be a one way street.

The EIP solved this.

The speculators come when Bitcoin enters another bull cycle again. If BTC doesn't do that, we're fucked. You wouldn't not find a businessman willing to fund rewards at this level outside of the crypto sphere. The only way for normal bloggers in the wider world to monetize their blogs is to create quality content and get serious about SEO and marketing.

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From what I am reading here, you seem pretty happy with the dysfunction that was happening here.

What I gather here, you seem pretty happy riding Justin Sun as a speculator as long as he pumps your bag and he cannot get to have his say. Life does not work that way, hence the reason so much stop using the platform. Give him some time to articulate his way forward, nothing really happening for Steem outside of the SBD speculation which most of the witnesses ironically are against, but they are the first to cash out on the community.

The relationship that exist right now is parasitic, such relationship never works out. The Steem community was drain and financially bankrupt, I hope witnesses and developers recognize this fact and show a little more appreciation to Justin Sun and try to find a way forward.

If it was me, I just bought out Steemit stake and you as a witness, just nullify my stake, I honestly do exactly what Justin Sun is doing. I am trying my best to be a honest broker here. I like to see the Steem blockchain maintain but I also recognize the investor in the driving seat is Justin, it was Ned and Steemit INC before and look what it brought us. Steemit INC and witnesses were selling thousands before the bull market and even then, they did not save and plan ahead, they were slow to implement other revenue stream and only under desperation started allowing advertising.

We cannot continue Steem status quo, if you see speculating as the way forward, then good luck, there come a time when that kind of parasitic relationship gives way

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