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RE: Proposed Changes to Steem Economy

in #steem8 years ago

I think stakeholders shouldn't "invest" in Steem Power with the hope of a ROI in the same form they bought in. I think if you buy Steem Power it's because you believe in the long term the utility of Steem Power will increase your actual wealth in the form of "feature access" and attention economy benefits. These benefits aren't clear now because we need a million users or more, and a lot better build out before it makes a lot of sense, but if someone believes Steem could really challenge Reddit then holding Steem Power is like holding Reddit Gold on Steroids.

I also think it's possible to pay people dividends or make advertisers buy Steem Power. I cannot understand the strategy of trying to get money from a very small group of speculators in the crypto community who barely have a billion dollars as a whole and probably wont choose to put it in Steem or Bitshares no matter how hard you try to attract this very tiny demographic.

Advertisers on the other hand are a huge demographic and then you have customers who might subscribe for VIP or premium service which is also a huge demographic, and are both mainstream demographics.