You are viewing a single comment's thread from:
RE: The underlying power of the Steem blockchain - parallel social media engine
This is such great info! But I wonder why would there be a need for other clones of existing social media platforms? Has the internet not become saturated with start-ups of these kinds already? Does anybody know how I can use Steemit it to my advantage if I already have the major social media platforms? There must be something special in it and how we use it could unlock its full potential. Great topic btw. :)
The reason for clones is that current social media platform are owned by a small group of share holders, who get most of the profit. Only the top content creators of these platforms also get a piece of the pie. While on Steemit everybody is a shareholders, you get paid in shared. So unless the shareholders of the big social media platforms are willing to give up most of their profits, there will be a need for something else.
I see. That's so interesting! And saying that "everybody is a shareholder" must mean that the information people are pouring here on Steemit is becoming some sort of the currency of investment. This could be the powerful thing about this platform as people get rewarded in terms of the value of information they present. Such rewards system would also propel the future of this platform. :D
I bet that once a lot of users migrate across from youtube the government will crack down on Steemit some how and find a way to force censorship. Youtube started off as a platform for free speech and has now become yet another mainstream leftist propaganda outlet. You can see this in the trending page with all the Left Wing comedians trending. You will never see a an anti-feminist trending on youtube for example. Even though we know those channels get a lot of views.
I see what you mean and its an important note that regulation over media censorship has already been in tact for quite a while now. And as an addition to what you've said, the government might even be more interested in the money making matters here on Steemit as monetary value of information is readily shown to public. However, given the type of content and information here on Steemit is clearly dictated by the curating environment the platform has in place, that is Markdown, which is dominantly text. I don't think Steemit would aim to be the next video storage and streaming social platform.
I hope so. I have high hopes for steem to replace youtube and facebook. Google and Zuckerberg have had a monopoly on those types of platforms for too long.
For Steem to really take off it should make more of a video based platform similar to youtube but without the censorship and leftist bias in trending etc. Most people don't want to sit and read articles all day.
I will do my best to try and get the word out there that there is a much better alternative to youtube.
Awesome. Sounds like a noble work. But hey, the possibility is endless. :)