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RE: Steem Economic Changes Update

in #steem8 years ago

Almost everyone cares about power. Rich and poor both want power. Only people who lack money want money. So trying to appeal to ROI is a much smaller market demographic than appealing to "fun" and to "power". Steem Power in my opinion should represent power on this platform, but in order for that to happen there needs to be a lot of features and utility which depend on Steem Power. More Steem Power should unlock more utility and features so people feel a subconscious desire to acquire it.I understand most of us need money. I just don't think competing for money is fun. Competing for power is fun and natural. People who have power from other networks will not have power on Steem and that alone is a reason for Steem Power to exist but right now I'm not confident.
And I don't assume when the people Powering Down leave that somehow the new people will follow a different narrative. I'm seeing the "investor narrative" overtaking all other narratives and I know from experience how crypto investors act when they talk about "strong hands" and "weak hands". I've seen this before.

I get your point. But nobody cares about power in a platform that has no rewards, what makes this thing innovative and power something people want is the money aspect.

I understand what you are saying and agree with pretty much everything but as I said the rewards on this platform have been going downhill for the last couple months and users have left as rewards went down.
You are not going to be able to compete with facebook and the likes just because you have games on the site, most of these sites already have games anyway, the innovation here is the money aspect so it is very important that these rewards are steady.

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My point is that money isn't and has never been the only possible reward. Money is what people get when they sell their rewards but Steem Dollars and Steem tokens aren't money.

Facebook isn't competition so the aim shouldn't be to compete with Facebook. Steem doesn't need a billion users to be a success. 50 million users would be a success.