Great video!
The way I see it the main value on Steemit will be in the comment section. And that value will be transformed into more fast content instead of vlog videos or bigger production videos. Since we humans want to save more time and energy and get the maximum value back in return.
In a way now we are speeding up the value transfer speeds. So we can more faster get people what they exactly want for the moment. And then they are more ready to reward that content since it’s exactly what they wanted for this second. It feels more premium and special. It’s in the comment section highly niched content for the specific moment can get shared.
I think that the main value of this service is the comment section where it becomes less about a specific person but more about individual niche based content that is created in the moment. Since we humans want to save time and energy this is where we are going. You can even insert video embed in comments to make it even more interactive.
I see on trending page just the more stuff only about crypto true. But there is so many other groups on this platform if you start to look deeper. You can find real communities starting to build cool tribes again. I think this will be the death of major hubs of just millions following 1 person in a more passive way. We will start to create online tribes again! With perhaps up to 150 people. This will create more connection and trust and feel more natural!
The best content is the niche content in the comment section! That is the real value on this platform. The value comes from people that is happy to get niche targeted content. And what happens is that we more start to stream money and we build such an awesome trust factor that we know that others in our network can stream money to us if we ever would need it. So value exchange will become super natural. Will be so easy to get value fast that we may even stop talking about money. This effect can mainly happen because we are speeding up the connection between buyers and sellers. And with a world population of soon 9 billion that means there will always be people wanting new stuff!
Interesting. So if I'm understanding your point, it sounds like the addition of financial incentives within comments will breed higher quality discussion. Higher quality discussion means that the main post or video is more of a gathering point around which a community builds.
That could be very cool and is something that has been a struggle for me on YouTube. We have 1.4M+ subscribers on our Charisma on Command channel but virtually no community. I could definitely do more to engage in the comments, but quite frankly, the YouTube platform doesn't seem built for it.
I wonder what happens when these micro-transactions start to enter "offline" interaction? Where you can reward a funny joke or fascinating point in real time. Crazy to think about!
Yes that is true. Surely people want to engage but you need a better system for it. Google is good at search but they are lacking behind in the community aspect. I can relate to what you are saying since I have myself 1.1M subscribers on my YouTube channel. But YouTube control when my videos get released to others which cause such a big problem when you try to connect with your audience. Since it then needs to be formatted in a specific way that YouTube wants it. Which currently is at clickbait standard.
You said a very interesting thing about when these enter offline interaction! Since I many times would love to reward people when they are doing something awesome for me in public. And with a digital fast reward system that can truly change stuff. People will have so much more incentive when we start to get more interesting reward systems be built out. Since people feel the same gratitude when they get €0.01 as with €0.5 that is what I feel is many times the magic.
When you get a good system like this built out that actually works great then I think we can see some very interesting exponential growth when humans that want to do interesting stuff instantly will have the funds to do so. And the best part of all is how people even feel amazing when they are giving out rewards to other people! It's only that it has been a bit complicated up to now. But finally we are starting to see extremely interesting developments in value transfers.
This will start to open up very interesting discussions about what money really is. Surely we already live in huge abundance but many times scared to realize it fully. But now it seems like people are even becoming bored at hoarding money so they try to give it away and they realize in a way how that opens up for even more abundance. Very interesting times we are in I would say!