Let's be blunt about it.
Well is it worth to spend your time on Steem? It sure does not look like a good investment right now. It does not even look like a good investment of time.
Right now you would need to invest over $100 to generate a reward of 1 cent. The vote would probably be less. It will shrink in voting value too. So coming to Steemit.com and using Steem to help people, you might need to be investing a minimum of $100,000. This won't be attractive for many to remain on the platform. Anyone who starts now will find it very difficult to grow. Though you will see some names pop up that get immediate support and boosted to the heavens. Kinda funny.
Steemit Inc appears on the surface to be no more than the lackie for the goals of a few on Steemit.com. They don't seem to hold any power or control over the platform in any way whatsoever. The code they are instructed to write or employ is dictated by POS. (less than 20 people.)
Would you invest? When less than 20 people from over 1 million registered users can dictate and control everything. From the amount of reward you can give in comparison to theirs. When they can change and alter those at will without opposition. Any investment and what it can do can be changed at any time. This is a high risk for any investor.
Any investor will research the platform. The blatant abuse of power will be seen and the investor will move on.
How much value on the price of Steem is needed to be lost. Or is that part of something bigger pump and dump by the big guys. As they now reap rewards at much higher levels than everyone else. Once they reach their target. Will the price rise? So much effort i put into devaluing the smaller members of the community. There has to be a reason behind it.
Ah sure they are next to non existent for most. The effort to change trending has done nothing. A repeat of what was there before. The same names will always be at the top. Simply cause that is were the biggest votes will be cast.
Control over what you can post and can't post is done by flagging. Some have accounts that down vote and even rent Steem to do this to grow their account. N other reason for the down vote, (although some lame ass reason will be given. Like any post that uses the word "the" more than four times deserves to be flagged). Control over the code that the chain runs on and any alterations to it, by less than 20 people.
This could be a key factor in why no investors come.
Over all Steem does not look like a healthy place to be or invest. When Bitcoin took a jump we lost a penny. Even when positiveness is in air. Those with control cannot make any progress with it. Supporting each project they set forth to be done. Yet they want everyone to have faith in them.
All that negativity and I am still here making next to nothing, Why?
It's not for the Steem. Steem will only provide a very limited anything in the long term. The expectation for Steem to rise in price is more a wish then something people can see happening through positive means. I am here for what can be done making use of Steem as it is now. Waiting for an investor when we have so many investors already here. Just seems to be telling every user on the platform, that they are worthless.
All discarded for the fictitious investor who has not yet appeared.
I believe every individual is important, not just the one with the money.
The same concept, the same projects that I came to Steem talking about have been done by some. Their is a difference though. Some are using the projects to build a personal wealth. Nothing community wise.
The conclusion I have come to is when you want to help somebody. Nobody wants to help you do it. If I wanted to build a personal wealth. People would give more support. The projects I would like to begin I would never see the fruition of. Though Generations to come would be able to claim those fruits. They would also have some assurance. Efforts will be made to keep those fruit tree's.
I will finish with.
I hear said often about community.
It's not about the money its about the community. When it comes to currency which is what people say Steem is. It's about the money. Steem is NOT! Steemit. they are two totally different things. They might be linked but they are not the same thing.
Building Steem to an account is not about Community. It's about growth of asset or wealth. IF you are not giving that growth to the community it is about growing an account. WHY? Maybe because it has a monetary value. On a different day I hear the same people talk about the value of Steem and when it goes up. When money becomes the topic. Community is forgotten in the majority of cases.
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