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RE: Listen Frustrated Steemians, One is Greater than Zero!

in #minnows7 years ago

When I first started reading I thought the title was going to refer to comparing earnings on Steemit to earnings on any other social media platform! I think that's a valid optimistic viewpoint as well.
On the downside, people do need realistic expectations. Yes Steem is building a system which better enables creators to directly monetize content, but it is far from guaranteed or quick.
The hard fact is Steem currently has about a 9.5% inflation rate which funds the rewards. This literally means the average earnings of platform users is a 10% return on their Steem Power! If a minnow has 10 Steem, an average performance means they'll end their first year with 11. Doing any better means someone else is doing worse, the finite pool all has to average out.
That may sound terrible, but in the end the vast majority of users are going to have to use Steemit and it's associated platforms because they enjoy them, and not for the rewards.
People use Twitter for free and are thrilled when a celebrity or influencer retweets or interacts with them. The same can happen on Steem with those occasional viral windfalls being both economic and social.

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Thanks for a detailed comment. Thinking from the point of view of other social media platforms is also necessary. Thanks for adding that to the argument.

I must add that despite a dip in rewards, the price of Steem will go up in time. Having Steem will always be beneficial in future from an investment point of you. So every Steem counts.