Why I Say Steemit Is The Future Of Social Media?

Hey guys...It's 3 month now since I joined steemit but trust me I have got hardly no any doubt that steemit is going to be so huge in the near future beyond even what any one can anticipate. Unless a more superior platform is put into existence but otherwise I have got a lot of hopes in steemit.

We shall start by looking at other social media platforms and we see what makes them valuable then I will show you how steemit beats them. That is where I actually base my argument.

Lets Look at Facebook

Network Effect

Displacing Facebook as the mainstream online social network would be next to impossible. It brought authenticated identity to the Internet –a crucial utility that compelled users to join. No other service may be able to add on top of Facebook something as valuable as what Facebook added to Myspace, friendster, and other services where you didn’t have to be yourself.

We all admit that this initiative done by face book is really great and it is one of the features that makes it really a great platform.

Facebook may not have been the best in the past but it overtook MySpace and Friendster despite coming into the game at a later time. The user base is what gives it value. Everyone wants to be in a space where they can meet their friends or families. Over time, Facebook gained a bigger user base and became the dominant player in the social media industry.

Lets Talk Just A Little About Twitter

Twitter is one of those things that I CAN see the value in it but, candidly, I'm still having a bit of difficulty extracting that value. You see I'm new to Twitter and while I don't "tweet" a lot at the moment, I am lurking and learning with the hope and expectation that at some point I'll be as productive as others â€" like James Governor for instance. Last week I was explaining my problem to Susan Getgood and she told me that my problem was normal and that I shouldn't be discouraged. You see, Susan believes that the value of Twitter starts to really become apparent once you approach the 120/150 range of following/followers.

So how does Steemit come in? Is Steemit a better platform than Facebook?

As far as the front end is concerned, definitely not. Steemit is still in beta and hasn’t been around for a long time.

The biggest selling point is the fact that you can actually earn tokens called Steem and Steem Dollars for blogging, commenting, voting or basically any form of content creation. All of this is generated via upvotes, i.e. new Steem Dollars and Steem are printed daily.

Think of Steem as social mining and bitcoin as computer mining. More bitcoins are generated when the computers solve the puzzle. Steem is generated via upvotes, and upvotes are normally given for quality content. The more Steem Power you have, the more influence you have. This is basically next-gen mining!
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Even though Steemit is awesome as a social media cum blogging platform, that’s not the best feature. The fact that Steem can withstand more transactions than Ethereum and Bitcoin a day without slowing down is incredible. It also has a transaction speed of 3 seconds with zero fees. Definitely way ahead many tokens in the crypto market.

Here’s a summary of the advantages and disadvantages of the Steem blockchain.

Advantages:

1. You don’t actually need to invest into Steem to earn Steem. You can do so by being an awesome member of the community and produce quality content. Anyone can join for free!

2. You don’t need to create a website, all you need is an account.

3. Steem has zero fees for transactions and moves at a 3 second transaction speed.

4. There is no full censorship on the Steem blockchain.
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5. No ads on the platform

6. You can see what anyone is writing. You don’t need a “friend” button to see what they’re writing.

7. Content is permanently on the blockchain and can’t be removed by anyone but the author. Removal can only be made within 7 days of posting.

Disadvantages

1. The platform needs a lot of work as far as user friendliness goes. Sometimes the platform is a little unstable.

2. The concept of blockchain is hard to understand for many non-techie people.

3. The fact that there’s no censorship may be a problem. It’s a double-edged sword.

4. Earnings on the Steem blockchain are not equal. Sometimes it can be a popularity contest. That said, usually awesome members will do well after a certain amount of time.

with all I have mentioned above am able to see steemit taking of the social media world in the near future. Have your say about this.

Thank you for reading my post...

Always @manchochris from Uganda.

Thank you for the upvotes and coments