Why Steemit will be Facebook and Reddit Killer
Facebook and Reddit are fraught with greed and intimidation (even though they are innovative and successful social media company -especially Facebook ) including censoring freedom of speech and expression. However many members still sign up monthly on Facebook in their billions (making Facebook the undisputable king of social media on demise of rivals like Twitter and MySpace- which Facebook completely eradicated ) because of lack of knowledge of a better option - where they can safely and freely share their pictures plus articles and get money doing it. Below are some points to consider:
- Recognition of truth: it is argued that people can never be suppressed in the dark forever, therefore when millions of subscribers on Facebook and Reddit learn about steemit and see how they can make money on steemit doing the same thing they do on other social media for free, then they will move in millions to steemit –which will lead to decline of Facebook and Reddit monthly subscription, increase in market value of steemit and subseqently high price of steem.
- Maturity and Serenity: I will remiss if I say that steemit is perfect - however it is far better than Facebook which is fraught with gossips , political hate plus daily ideaological and phylosopical issues -however this is a result of billions of members worldwide and Facebook concentrating their strategy on how to monetize them for financial gains. Steemit, however, solved the issue due to the ability of members to unite and flag /down vote hate , scam and ideological extremists- however there are still limitations. (See my former posts on dangers of spam and down voting on steemit).
- Safety: Steemit is based on steem blockchain which is one of the best and safest technology far superior than Facebook and Reddit . Moreover, Facebook sell members data to the highest bidder : top advertisers and even government agencies which is not the case with steemit. Therefore millions of safety savvy people will leave Facebook for steemit if they are aware of this special quality.
In addition, as indicated in my former blog post : why rich and broke people need to join steemit see link and unlike other social media, steemit provides opportunity for all - what is needed is authenticity, hard work and great contents. Moreover, the knowledge gain and great friends you will make on steemit surpasses other platforms–put succinctly, steemit is like adding crypto currency like Bitcoin to the best part of Facebook.
Conclusion: Facebook is indeed the king of social media with great qualities, however will it remain king forever ?especially when many people recognize that there is an alternative that will pay them far better for their time and contents- including better opportunities to learn , socialize with friends and invest their money for future gains. Conversely, however, do not expect this to happen immediately because steemit is still in its infancy :still working on many features (see my former post for details )after which there will be huge investments in advertisement (members can help too) in order to educate the world of the qualities of steemit which will lead to millions of signup and subsequently steem price shooting to the stars. This will in return cause decline of Facebook monopoly and give back power to the common people.
Do you agree? Send in your comments and please would you up vote in order to send in your support , click follow in order to see future posts from me on your feed and resteem in order to share this post with your followers.
Also read my former blog post : why rich and broke people need to join steemit see link
For those who want to be an investor in Bitcoin wallet see X coins link: https://xcoins.io/investors?r=v93e2z
Well written excellent giving power back to the common man love it. As people migrate from Facebook to steam it the price is going to shoot for the stars just like you say. Crypto currency to save the world
Great, I agree see my older posts for more analysis plus this link https://steemit.com/investing/@charles1/why-you-should-stop-powering-down-and-rather-buy-more-steem-now ....keep steeming bro
Wonderful post and great points you listed there... Surely steemit will be the David that will caterpot all Golliats down soon with their wonderful platform... Am glad am part of steemit...tks @charles1 for sharing this...
welcome, and more success to you
Sure and thanks ... keep steeming
Your points are valid. Facebook is fraught with a lot of censorship and this is not good for the social media space.
you are welcome
@blueorgy your comment in this topic is needed
Hi @charles1, I see you have mentioned me.
This is automatic response so that I may respond to your mention later.
welcome
welcome
Personally I don't think Steemit will replace Facebook, and that's ok. Let Facebook be the photo album/gossip platform that it is. There is little to no useful content on that website and eventually people will get tired of the vanity affair that it has become.
I believe you are dead on when you say that once people realize that Steemit exist they will migrate in droves. My goal is to have this be not only a social platform based around niche communities that support and encourage one another, but also the place for people to get high-quality, original content. From news to art to DIY projects; let this be the HUB!
Good point, I agree with you
Upvoted & RESTEEMED! :)
Thanks a lot, more success to you
dude you really know how to write successful articles, you can be proud of yourself (:
Thanks a lot bud, upvoted your last 2 contents and I wish you success
Resteemed
Thanks my bud @proctologic following you in order to stay in touch and send in my support
I agree for the most part. I certainly think that Steemit will grow exponentially in the months/years to come and I am very positive on it - certainly I will be powering up as much STEEM as possible
However, when people start to migrate over in much larger numbers then many will bring hate and extremism with them. And this is an environment in which it cannot be removed, only down voted
As we have seen recently, people have joined together to downvote plagiarism and other content which is alien to the ethos of this site, but if you have larger numbers arriving here and promoting those ideals, then I wonder whether there will be enough people and/or power to vote it down
I hope there will be, but I imagine that the bigger the site gets the harder it will become to do so
Just my thoughts off the top of my head
Cheers
pocketsend:100@holbein81, I think Steemit can grow as well but its features are nothing like Facebook yet. So if competition is the game, Steemit needs to evolve.
Successful Send of 100
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Thanks for using POCKET! I am small bot and right now I am running this code.
Wow, thanks for the pocket!! I wonder how much that might one day be worth?!?
Anyway, your generosity deserves at least a follow and a tip!
Cheers
Good deals hahaha, I like it and shows steemit greatness
Hi @wekkel! You have just received 0.1 SBD tip from @holbein81!
@tipU - send tips by writing tip! in the comment, get share of the profit :)@wekkel , lol at least you should send some commission to me if you will use my post page to show off a deal..hahaha, good one and shows how this platform is evolving
pocketsend:100@charles1, 'commission' sent as requested :)
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Great
wow, amazing guy indeed
You are absolutely correct and as indicated in my former posts about downvoting, there are already communities here that fight against such and it will only grow stronger. On the other hand, that will certainly be an issue but we will not deviate from growth because of those negetive people..we will fight them and flag them to hell fire!!!
Steem definitely has the potential to rival other social media platforms, @charles1. The real question is will it? Possession is 9/10ths of the law, as they say. It is King of the Hill, and to wont go down without a fight.
FB also has, as you state, billions of dollars with which to wage war against its adversaries. They can buy advertising. They can buy other media outlets. They can add new services and features that rival Steem or other platforms. Facebook will not let go their grip on consumers without a fight.
Perhaps more importantly, being better isn't always the key to success. Was VHS better than Beta? Blue-Ray superior to HD-DVD? Being first has its advantages. People are resistant to change, and so, asking them to change their connect provider after they've already made a significant personal investment in their current one, may be a difficult sell. (All my pictures are already on FB... All my memories...)
Steem may very well go on to dominate all the other Social Media outlets, but the road will be fraught with challenges. In addition to being better, they'll need to out-advertise, out-innovate, and out-wit the giants of our era. That, my friends, will require an investment of time, money, and intelligence that perhaps we haven't yet truly considered or understand.
Upvoted and I follow. Cheers to Steem!
Good point, I agree with you hence why I indicated that it will take time and a lot of things need to be done. On the other hand, we should never underestimate the power of disruotive technologies especially power of money ie when the masses see that they will make money in a platform than facebook then will move over in millions!!! since signing up on steemit, my friends and I rarely go to facebook and Linkedin because we at least get some revenue on steemit-that will be the case if many people on face book (not all) know about the opportunities here, however it will take some time and cost money in advertisement. Furthermore, Facebook structure (with its greedy share holders ) is fraught with greed and will never share revenue with members which is a limitation in the era of blockchain technology. See my older post for info abot the next update https://steemit.com/investing/@charles1/why-you-should-stop-powering-down-and-rather-buy-more-steem-now
I like your "All my memories..." comment, and would imagine that someone will write a "Facebook reflector" which will take all your posts and comments, and reflect them to another social media site. This one, of course, but I'm also thinking of the more general case. Just saving them locally would be helpful; their "download my account" has very little of "what I typed" in it. Would be nice to have my posts, and especially my comments on other peoples' posts (which wouldn't be uploaded by the tool, those would be in the "save locally" portion).
VHS was "better" than Beta in the sense that most movies could fit on a single tape; Beta often had two. It did have superior picture quality, but the added expense of having to make two tapes for many movies had a negative effect. And you're right -- better marketing often trumps better quality.