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RE: Top 10 Cryptocurrency Questions and Answers!

in #bitcoin7 years ago (edited)

Not to burst your bubble, but "pay to win" systems never ever work.

Take for example: World of Warcraft gold, Diablo 3 real money auction house, and almost every mobile game ever created, etcetera.

Eventually, all pay to win systems are totally manipulated by people with lots (whales) of money, hackers, cheaters, fakers, liars, or in China's case... people with a whole lot of free time on their hands.

The biggest reason why Reddit is so successful, albeit gamed a little itself, is because there isn't any real incentive to post, up-vote, or down-vote on there. People do because they want to educate, learn, agree or disagree. The fact that Karma points don't have any value at all is the platforms biggest advantage.

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Great point. Steemit will never get to one billion authors making money. People will have to want to come hear to read and curate, since there isn't enough time in the day for "one billion great bloggers" to be successful authors on Steemit

STEEM On !!
Dave

Exactly, if this thing is ever to be successful, people have to come here for the content and content alone. The currency you make or may make via your creation or comment needs to be an afterthought... and appreciated treat if you would.

I love reddit.