@ats-david The 'problem' is that time and attention is not being rewarded on 99.9 percent of websites, and time and attention are the two most important spiritual currencies in the world.
Why should users not be rewarded for their time and attention, for liking, commenting , and upvoting posts? That's why Steemit was created in the first place, to reward users for their time and attention on the internet.
Smart Media Tokens take that same reward system and enable potentially thousands of other entrepreneurs to incorporate it into their product and website.
So, the problem is that, right now, while I post on other forums on the internet, I am not being rewarded for my time. I make my own comments and posts, upvote and 'like' other comments and posts, but receive nothing in return. SMTs change that.
No offense, but you seem to lack entrepreneurial vision. At the time Steve Jobs launched iTunes, there was no demand for having 'thousands of songs in your pocket'. He CREATED the demand. The best entrepreneurs create things that people don't even know they want, who don't even realize that there is a 'problem' in the marketplace to begin with.
SMTs have the potential to 'steemify' the internet, allowing publishers to reward their audience for their time and attention (comments, posts, and likes) as well as authors and journalists. I think it's obvious why so many in the Steem community are excited about this project.
99 percent of the users of Steem didn't know they needed Steem before it was introduced. It is the job of entrepreneurs and visionaries to create demand where no previous demand existed.
Correction:
About 6% of sign-ups think they need Steem in its current form. Of those 6% of users, half or more are likely bots. So perhaps 3% of the million+ who signed up on Steem find it useful...mostly to shitpost, beg, whine, and then cash out.
Outside of that small number, nobody cares. Hundreds of millions of people use Facebook regularly. They don’t get paid and probably don’t even give it any thought. Why do you assume that a) these people are looking for money when they interact there and b) why should they be receiving any?
We know why people come to Steem/Steemit - for the money. That’s how it’s “advertised.” But what exactly has that gotten us? If there wasn’t the possibility to make money for shitposting on any of the Steem apps/interfaces, how many people would actually use them for their regular social media interaction?
I get the allure of “Steemifying the internet.” I don’t get why everyone assumes that giving away tokens for what most people do on social media is somehow going to make everyone rich. The simple fact that you can earn money doing this makes people skeptical in the first place, including in the crypto world. Steem is still not taken seriously. How does an extra layer of shittoken creation change that perception?
Obviously, you and I have vastly different perceptions of Steem. There are no 'shitposts', as you refer to them, on my feed. I see good quality material, on a daily basis, from journalists, writers, artists, and activists - mostly all of whom have a positive outlook about Steem.
Renowned alternative media reporters and journalists are ditching YouTube and Facebook for Steem and DTube because A) They are making much more money on Steem and B) Their work can not be censored. This is a good thing. Public trust in the likes of Facebook and YouTube is also at an all-time low as their mass censorship campaign continues to accelerate.
Honestly, there's obviously no point in continuing because your mind has already been made and I find your attitude terrible, especially from a high-rep user.
Which really begs the question, why are you even here?
Create your own product if you feel you can do better. I won't hold my breath.
You catch on to the toxic culture quickly. Congrats.
I’ll go back to ignoring nobodies like you again.
Good day.
You're projecting.
Goodbye.
You're right, that's a really stupid assumption. But I don't think most people here think what they're doing is going to make them rich. Some money, yes, but rich, not.
People underestimate the value of their time and attention. Social media use is but one example of an activity that could be tokenized on the Steem platform as we have already seen. Little streams of income tend to add up. In the current centralized model, all of the profits go to a small number of very rich shareholders. On Steem, the inflation mechanism causes ownership of the platform to spread out gradually over time. A lot of people continue to use Facebook and are very sceptical of decentralized alternatives simply because they have been conditioned to accept the status quo. It takes time for the crowds to get their heads around any new ideas. The vast majority of people simply never consider anything from alternative points of view. Not even reasonably smart people. We all tend to take the vast majority of things surrounding us as given.
Life is so unfair, I'm taking a shit on my own and no one is paying me for it :(
Actually, it's great that you brought up taking a shit!
Did you know that there is some value in never flushing anything but the real McCoy down the toilet? That is, only number one and two and toilet paper? Water works all over the world pay pretty penny every year to keep the sewers clear of waste that has no business being there.
Check this out:
https://www.theguardian.com/environment/2017/sep/12/total-monster-concrete-fatberg-blocks-london-sewage-system
I think with some development you could build a system that used sensor fusion (infrared etc. to detect the temperature and consistency etc. of things flushed down the toilet) to detect contraband. (You wouldn't believe the stuff some idiots flush down.) You could implement a token system where each legit flushing would be rewarded with tokens held on an escrow account. Each time you flush, say, turkey fat left over from preparing your Christmas meal, you'd be penalized by losing some amount of tokens. (Fat flushed down the toilet feeds rats and other vermin in the sewer network that cost real money to exterminate.) That would be an actual shitcoin!
Now, what's important here is the concept. I don't know if that concept would be technologically or economically quite feasible, yet. That would depend on if it were possible to reliably identify the most common types of materials and items flushed down the toilet that cause problems using sensor fusion and machine learning. The economics of the system would depend on how cheap the sensors installed in the toilet seat would be. Anyway, this is but one illustration of the near-limitless potential for the tokenization of life.