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RE: Money Talks.

in #music7 years ago

I like Steemit, and I know the keyword is social, but it seems like it is a popularity contest to me. It seems like most whales are just autovoting the minnows that pander to them instead of sifting through the posts to find the jewels manually. If they were really reading it, the reward pool would be shared properly. I'm seeing memes get $150. I want to do a music project and visual based on the blockchain, but in order to have time to do a blockchain specific project. I have to know it is going to be supported or at least seen. I know networking is a must, and I do but it seems like you have to kiss ass. I want to invest in steem power, but this turns me off. Am I investing? Or really just buying my way into an elitist club? Help me understand this please. I really like how you do your thing.

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Decentralisation, can't expect everything to be pleasing :) Well i'm right with you that some high SP users should delegate to accounts that can curate well, but in any case it's their vote. I think there are more doing good filling up the long tail of the distribution. Popularity happens in any networks, even in the dictionary where 100 words out of millions get used 95% of the time. It's addressed in Steem's whitepaper. That said, if whales bought mining rigs for Ethereum or Bitcoin instead of SP, they'd effectively just be voting for themselves all the time. Steem breaks out of that and gives anyone the option to support accounts other than themselves that add to the platform. Hmm.. well there's no real club per se, unless stated, otherwise it's simply perception. But sure, investors tend to band together, because of similar interests and are risking together in an investment.

Edit: about your project, any post on it? anyway, I'd personally just do it if i'm going to do it anyway. If people like it , then awesome. I guess it's just the same anywhere, need to hustle. Here with SP i can vote on people who shares my music , etc. There's plenty of use case for SP..

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