The plight of every steemit user.

in #steemit-potential8 years ago (edited)

Welcome all to the trendiest cryptocurrency with a market cap of approximately 1/10 of reddit, with 1/10000 of the users.

That gap is filled with excitement about this platform (through the roof excitement).

At the same time I think we've all got worries about this platform, too. I wanted to make a place where those concerns could be voiced, so I will try to curate a list. Place and upvote comments below to fill out the list. (Or, post your own in #steemit-potential).

Without further ado, I present you our plights:

plight8492f.png

Steemit minnow

  • content, navigation to good content
  • fairness of rewards
  • UI; lack of substeemit, follow, notifications, private messages;
  • trending=whale-upvoted
  • advertising through greater mixtures of affiliate marketing and content creation

Steemit investor and Steemit whale

  • illiquidity of steem power
  • SBD vs. high inflationary instruments (e.g. leveraged positions)
  • copy-cats / reddit gold / yours
  • security
  • traffic

Steemit developers

Social media giants

  • Steem as competition

Advertiser

  • having to share profit with content creators

Previous posts

https://steemit.com/voting/@jcweiss/what-is-the-gini-coefficient-of-steemit
https://steemit.com/steemit/@jcweiss/steemit-multiple-choice-questions-introduction
https://steemit.com/steemit/@jcweiss/game-theory-introductory-q
https://steemit.com/multiplechoice/@jcweiss/machine-learning-probability-model-question

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Investors are definitely buying Steem $ over Steem power given how much the markets are moving right now. Liquidity > inflation

Yeah I think steem will be camelbacking for a while yet.

Poloniex was added today. raise the roof

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