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RE: Is Steemit In An Economic and Social Death Spiral??
Like you, I have almost resorted to punching a hole in the wall with my fist! It has so much potential, and when i see people crapping on it, it MAKES ME VERY MAD.
It really does have so much potential and we have certainly realized a lot of that potential and it continues to get better all the time for sure. It is a big concern of mine though the general crypto community seems to not like it for a lot of different reasons. @jerrybanfield will put up YouTube videos about it and he sometimes gets more thumbs down than thumbs up and you look at the comment section and people are hating on him and the platform really hard. It is a major concern from an investment perspective because all the negativity surrounding it can make it look like some "whale hang out" or some scammy system that people don't want to spend their time.
In reality even if people don't want to blog and all that it makes sense for every crypto trader to have STEEM accounts just to be able to run to the STEEM Backed Dollar during pullbacks and store the coins off an exchange in a location where they control the keys.
I have been in crypto since 2013 and STEEM suddenly was the realization of future crypto that certain people used to talk about then. Where you could send coins to a human readable address instead of having the long Bitcoin style addresses..., Fast transactions times, little to no fees. STEEM is an unbelievably good system in a lot of ways.
We just keep having to fight for it. I would like to say it is ours now but that day hasn't quite came for someone like me. I'm more like a little puppy scratching at the sliding glass door wanting in.