Post
Topic
Board Altcoin Discussion
Re: Steem pyramid scheme revealed
by
jeffthebaker
on 27/10/2016, 20:28:28 UTC
If well-established bloggers migrated onto Steemit...

They won't. Far upthread, I quoted a well-established blogger who posted a comment (or a blog, I forget) to Steemit, who explained the economics well. Bloggers go where the readers and economies-of-scale are. Medium has 25 million readers.

The hen-and-egg dilemma has to be addressed in a very well thought out way.

It is insufficient just be a good programmer and fake your way into being an experienced Internet marketer.

Plus why would any established blogger abandon their current success to work for pennis on steem? 99% of content there supports 1%- or rather, .01-.1% of the userbase. It's literally the masses working to line the pockets of the few. It's a backwards, top heavy economy.