The skirmishes are perhaps a consequence of steem's poor performance relative to #bitcoin and other leading cryptocurrencies. At its highs in 2016, steem was worth over 0.006 BTC. Some of the whales may finally be realizing that the value of steem is inextricably tied to the crypto community's perception of steemit as a platform. Until that perception improves via constructive changes to steemit itself, then steem will likely continue to lag the broader market.
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seems like a short sighted panic over an over amplified fear. everyone on here today will eventually reach the level of a whale, it is built in the automation of the system.
I am seeing a lot of outcries and a sense of entitlement from people who have not put into the work or effort and are crying why they too can not yet be financially independent using SteemIt. Steem will grow the more people learn how to use it and the more development is done on it to replace current social media sites.
instant gratification and whining is not going to make it better, it is only going to make people dread coming here as this too gets polluted by that whiny entitled crowd.
the irony is that people seem to be paying out large sums of rewards for people to complain.
what if there is a large segment of internet users who really love GIFs? why can't they use SteemIt and profit from it, why is that considered of less value to someone who posts a long essay about the story of genesis?
I think the flagging feature is being abused by suppressors of free speech. micro transactions for micro-blogging and micro-posts. It is not a winner take all economy, it is a shared micro economy.
so I will upvote any and all comments and posts of users and things I like, and that is what makes this platform so awesome.
would you rather Instagram and other social media companies generate unshared value from all your likes and comments on their platforms?
too much slave on slave hate.
"the value of steem is inextricably tied to the crypto community's perception of steemit as a platform" Worth a follow right there
This is absolutely true and that perception will only change with growth plus a functioning system that is not engaged in constant civil war.
When did Bitcoin come out?
When did Steem come out?
what will your life look like when one steem is equal one current bitcoin?
will you be supporting grumpy cat? or better users?
the choice is yours
Bitcoin is not distinctly associated with a social media / blogging platform the way that steem is. The value of steem, in my opinion, is inextricably tied to the perception of this platform. Very few exchanges offer it for trading/investing. Accordingly, the daily trading liquidity is minuscule compared to the Top 10 cryptos. Unless it is marketed with a focus more on the benefits of the steem blockchain itself. Which may in fact be happening with the push towards SMTs.
well I think it had been the best social media experience until winner takes all mentality, I am assuming the majority of who are new, started wanting to control how the platform can move to satisfy their needs instead of realizing that this is an automatic system and we each are independent as well as dependent to make it work.
i've met some awesome people and had some great discussions on here so far, combined with the file storage capacities. This is a revolution and I am not sure why the media is not reporting on what could be the great invention to benefit mankind since the technoevolution