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RE: Supply and Demand, Steemit-Style

in #steemit8 years ago

Steemit as a microcosm of the free market, and how “fairness” and “equality” are never things you should expect from free trade.

Ok I agree, having written a similar idea for which I earned $1000. So no complaints.

So I totally agree with you on the realities of this social experiment, but perhaps fairness should improve.

Some may leave Steem for a less world-comparible system. Some like robinhoodwhale, may work to improve meritocracy, which is what I think could improve. Market forces may eventually provide systems and incentive to reward less famous writers, especially when they originate great ideas.

I saw someone state an new idea which has led to many great articles. They earned $1. The writer who made it famous earned thousands. Perhaps the latter deserved it for giving more attention to such a great idea. Maybe in the future, new systems or market forces will reward those who inspire the famous or discover great hidden gems.

I think maybe what you're describing is how facebook and some other world elements work. But if you sell something below cost on Craig's List, it is bound to be bought even if you're not well-known, like Walmart. This is partly in response to https://steemit.com/steemit/@alexgr/dealing-with-variance-in-commerce-and-steemit-the-merchant-approach

No offense is intended, just a bunch of ideas bouncing around. Thanks for stating well a comglomate of ideas out there right now.