Will monetary reward destroy genuine interactions in steemit? by charles1

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· @charles1 · (edited)
$35.67
Will monetary reward destroy genuine interactions in steemit?
<html>
<p>Money is vital for our wellbeing and thus is great ā€“I will remiss if I indicate otherwise, however we all know that <code>the love of money is the root of all evil (1</code>Timothy 6:10) because it can lead to greed, jealousy , killings, &nbsp;fake friends and fake promises. Moreover, unlike many other social media platforms, steemit introduction of monetary reward has it upsides:</p>
<p><br></p>
<ul>
  <li>Lifted many poor families from developing countries by giving them the opportunity to earn online</li>
  <li>Helped many people get a full time income opportunity</li>
  <li>Helped many people earn well while doing what they love</li>
  <li>Helped entrepreneurs raise money for their innovative ideas</li>
  <li>Helped people or communities raise money for a good cause</li>
</ul>
<p><br></p>
<p>https://steemitimages.com/DQmWkfgUQvh4Dn4ANmy17SAvofDQFKLsmgiADDp7W59KGHP/evil%20money.jpg</p>
<p><a href="https://www.dreamstime.com/royalty-free-stock-images-evil-money-hungry-man-suit-cartoon-vector-illustration-mafia-dealer-banker-loan-shark-firm-boss-politician-image32124269">Pic sources</a></p>
<p>Conversely, however, there are downsides to it:</p>
<ul>
  <li><strong>Greed replacing Sincerity</strong> : human nature is fraught with greed so expect many interactions (not all) to be influenced by some form of reward thus going against the real intentions of steemit : genuine social interactions. Moreover, in order to get out as much reward as possible, many people base their strategy on creating a lot of bots account which they use to up vote their comments and posts and thus they have less time and interests &nbsp;for genuine interactions.</li>
  <li><strong>Vote for Vote :</strong> the good intentions of introducing monetary reward on steemit has led to extreme lack of manners of approach from some members (again not the case with majority of &nbsp;good members) which is visible in their comment examples vote for vote and follow for follow. These types of comments have led to flagging and most of the time, loss of social contacts which is a bad thing. Genuine comments, on the other hand, can lead to good financial reward, social interactions and growth in followers on steemit which is a great thing.</li>
</ul>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;https://media0.giphy.com/media/jx6BzZsUVg3mg/giphy.gif&nbsp;</p>
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<a href="https://giphy.com/gifs/greedy-jx6BzZsUVg3mg">Pic</a></p>
<ul>
  <li><strong>Competition :</strong> Genuine competition is great because it leads to innovation. However when reward system lead to jealousy for example, some people not being happy that some members &nbsp;are constantly in hot and trending pages or even some new members monetary rewards are higher than their own- in fact, &nbsp;there should be change in mindset. Reason is that, even though some do get more favorable votes, we should consider their constant quality posts, time invested in growing followers and most importantly, their investments in steem power. Therefore, it is &nbsp;time to stop hating and rather &nbsp;focus on how to personally be a success by benchmarking successful people in order to learn from them and thus be successful like others in the near future.</li>
</ul>
<p><br></p>
<p><strong>Conclusion</strong>: steemit is indeed one of the best social media platform due to &nbsp;a lot of positive things members can do here especially the learning experience. However, monetary reward has caused some issues and thus have its own limitations. The important thing to note , however, is that steemit great communities plus good individuals on steemit platform &nbsp;surpasses all limitations and will make the platform a success.&nbsp;</p>
<p><br></p>
<p>Do you agree with the points raised here? send in your comments and please would you up vote my post 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.&nbsp;</p>
<p>See my former post: &nbsp;<a href="https://steemit.com/smt/@charles1/will-steem-be-ethereum-and-eos-killer ">Will Steem be Ethereum and EOS Killer ?&nbsp;</a></p>
<p>For those who want to be an investor in Bitcoin wallet see X coins link: https://xcoins.io/investors?r=v93e2z &nbsp;&nbsp;</p>
<p><br></p>
</html>
šŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 94 others
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vote details (158)
@minnowbooster ·
@minnowbooster upvoted this post!
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*@charles1 got you a $6.39 @minnowbooster upgoat, nice!
- img credz: pixabay.com*
---
[Want a boost? Minnowbooster's got your back!](https://steemit.com/minnowbooster/@minnowbooster/6rt2mn-introducing-minnowbooster-beta)
    
šŸ‘  
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vote details (1)
@originalworks ·
originalworks
The @OriginalWorks bot has determined this post by @charles1 to be original material and upvoted it! 
<center>![ezgif.com-resize.gif](https://steemitimages.com/DQmaBi37A5oTnQ9NBLH8YU4jpvhhmFauyvgg3YRrEJwskM9/ezgif.com-resize.gif)</center> 

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message! 
### To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!<h3>
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Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place! 
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@charles1 ·
Thanks bot
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@charles1 ·
@originalworks
šŸ‘  ,
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vote details (2)
@craigcryptoking · (edited)
Nice post Charles I am really glad someone addressed this. I have been here for three weeks and I find nothing but peace and love a far cry from every and all other social media in my experience and I have been on FB for 8 years. What I have learn't is this, incentivise people to be nice and guess what they are nice. Now that may be a sad reality and sure some are fake, but its working and its working extremely well all one need to do to atest to this is visit the others and see how horrid they can be. Steemit and Crypto's truly are a game changer and the biggest contribution to world peace, or the biggest step in that direction anyways. Cheers ;)

![](https://steemitimages.com/DQmd6HN7iCoRSfKhpLfHAmwdUEFuobw8GfEm4r4WL4MCwup/thumbnail_20170803_200934.jpg)
šŸ‘  
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@charles1 ·
Good point and welcome to steemit. I agree with you and incentive is great however steemit is more than only money...experience, knowledge and community is another great virtue.  As a new member, do read my older posts for tips including this lik https://steemit.com/steemit/@charles1/stop-whining-here-are-way-to-improve-your-earnings-on-steemit 

I wish you success
šŸ‘  ,
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vote details (2)
@charles1 ·
@blueorgy do you agree?
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@blueorgy ·
Hi @charles1, I see you have mentioned me.<br><sub>This is automatic response so that I may respond to your mention later.</sub>
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@charles1 ·
Welcome
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@kuku12170 ·
Do not cry, everything will be fine.
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@charles1 ·
why cry? who is making you cry? 
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@karenmckersie · (edited)
I totally agree ! Great post , keep up the great work my friend , I have enjoyed following you , and like I always say : *I came for the money ! Stayed for the community !!* Steeming on! Be sure to check out my latest post about the SCAM ALERT !!  Yes another one !upped and resteemed šŸ‘āœŒšŸ’•šŸ‘āœŒšŸ’•šŸ‘
šŸ‘  ,
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@charles1 ·
$0.02
Thanks Karen, you are indeed a great lady. I surely will check out your as I always do
šŸ‘  , ,
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@karenmckersie ·
Yes your a great supporter ! Thanks ! šŸ‘āœŒšŸ’•šŸ‘āœŒšŸ’•
šŸ‘  
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vote details (1)
@cloudspyder ·
In my opinion monetary reward don't destroy the genuine interactions within the community. Honestly, monetary reward and the free knowledge is what bring me here on steemit. It also a reason why I am here up to now. The only one who destroy these best platform is the greed and nothing but the greed!
šŸ‘  ,
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@charles1 ·
Good point, I agree with you...Greed is an issue ...what do you think of ladyness?
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@cloudspyder ·
Its lazyness or ladyness.
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@cloudspyder ·
Its lazyness or ladyness.
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@jinmi17 ·
ā€œThe inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.ā€ -Winston Churchill

We've yet to find the perfect economic system.  That's not to say we can't!  I do think we may be in the right direction even if the problems exist.  Good write-up!
šŸ‘  
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@charles1 ·
Thanks  and for your comment, I agree.
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@kenhudoy ·
Great quote from Churchill @jinmi17 nice comment
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@asmaasema ·
Great post.. I enjoyed it a lot!
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@charles1 ·
what do you enjoy about the post?
šŸ‘  ,
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@onyechi ·
šŸ˜šŸ˜šŸ˜
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@asmaasema ·
Its info. and content dear :-)
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@katesmith ·
Upvoted and RESTEEMED :)
šŸ‘  
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@charles1 ·
Thanks Kate, more success
šŸ‘  ,
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@minnowsupport ·
<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by charles1 from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>
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@charles1 ·
Thanks bot
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@steemfuture ·
Monetary rewards provide oppurtunity and let people learn more stuffs.
I learn a lot from this kind of rewards system, it gives us the omps on getting more knowledges.
šŸ‘  ,
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@charles1 ·
Good point, I agree. Thanks for your comment
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@lost108 ·
As long as the Steem is equal to USD I think Steemit gonna stay genuine, once it starts to rise people will quit with genuine interactions.
šŸ‘  
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@charles1 ·
Hahaha good point indeed, guess that greed will rise  too isnt it?
šŸ‘  , ,
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@lost108 ·
Immediately. :)
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@onyechi · (edited)
I think the  monetary rewards attached to steemit is one of the reasons why it keeps and will keep growing,  I remember when I was told about steemit,  I was like "if I can post in other social networks for free,  why can't I do this?"So you see, Many people just love working online and they have taken steemit as an online job.....who doesn't like money???  šŸ˜šŸ˜šŸ˜šŸ˜šŸ˜šŸ˜
šŸ‘  
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@charles1 ·
Good point, however you should note that steemit is more than just making money  which I indicated in my older blog posts including this link https://steemit.com/steemit/@charles1/stop-whining-here-are-way-to-improve-your-earnings-on-steemit 
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@onyechi ·
I understand it's not always about the money but wherever their is money.. Greed must come in, most people even upvote their own post,i know I've not earned much but I'm beginning to love it here.  The research I do help me learn new things even the basic ones I've forgotten šŸ’ƒšŸ’ƒšŸ’ƒšŸ’ƒšŸ’ƒ
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@georgemales ·
One thing is for sure... greed is what is going to distroy all of us and even us as a spieces! Not now but if we keep on going like this slowly in time for sure...
The same greed that sometimes affects Steemit. People should have fun and enjoy this amazing platform. In time the rewards will follow... If everybody will think like this Steemit will be a much cleaner enviorment!
Great blog and great points!
Keep up the good work and always Steem On!
šŸ‘  ,
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vote details (2)
@charles1 ·
$0.02
Good point, I agree however there are great people that are here for genuine interaction, isnt it? 
šŸ‘  , ,
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vote details (3)
@georgemales ·
Yes of course... no question about that!
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@urbansteemers ·
awesome post guy. i will be refering to it again soon.
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@charles1 ·
welcome
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@lazariko12 ·
Well, yeah
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@charles1 ·
why  well yeah?  
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@gabriellasam ·
i truly concur and agree to your post.
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@charles1 ·
what do you agree about the post? the greedy little dog?
šŸ‘  
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vote details (1)
@lucylin ·
I hate to sound pedantic on your very good post(but I'm gonna)

>however we all know that money is the root of all evil

The original saying apparently was..

that _the love of money_ is the root of all evil.

I small difference, but a very massive difference.
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@charles1 ·
You are correct bud...hahaha  updated  and thanks
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@pjcswart ·
why do you say that?
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@lucylin ·
the missing words change the emphasis from an emotion to an object - hence  massive difference
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@elear · (edited)
$0.03
@charles1 I agree with your points, but Steem is not only Steemit and we can use the Steem blockchain to make things that will not fall into the monetary issues you explained. This is what I did with Utopian.io. 

### Utopian.io rewards Open Source Contributors via Steem

 In Utopian voting actually means supporting contributions to Open Source projects, like Steem is, thus making the monetary implication a reward for a real effort, from which the entire community benefits immediately ;) Read more about Utopian here: https://steemit.com/steemit/@elear/utopian-already-rewarding-early-adopters
šŸ‘  ,
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vote details (2)
@charles1 ·
Great, you are doing well with utopian indeed ...is it like using  Steem SMT ? I upvoted the post...good one indeed
šŸ‘  ,
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@elear ·
Hello @charles1. SMT are not yet available in Steem. Utopian is using the existing Steem functionalities to allow contributors earning rewards. Utopian is based on Steem and uses Steem for every operation. It is just a different frontend with a different purpose :)
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@josediccus ·
It has already thats why we are lacking a sense of sanity
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@charles1 ·
Good point, what is your suggestions?
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@josediccus ·
Suggestion is let steemit admin or cleaners, sanction users without quality content and ban users with no contribution to steemit
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@katamori ·
Quality standards are the key to the solution, imho. Rules that punish greediness are necessary as well as actions on behalf of the community.

Limiting registration sounds a fair point, too.
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@charles1 ·
why limiting registration? we need more members here isnt it?
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@katamori ·
$0.26
Yes we need. But if it brings quality decline and the rise of greed, then it is a necessary emergency solution IMHO.

Changing the mind of masses is really really hard.
šŸ‘  , , , , , , ,
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vote details (8)
@mastabanana ·
I got nothing so far but I still enjoy a lot of posts here...much better than Facebook...so c'mon folks...go and create some content ;)
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@charles1 ·
Good point, see my older posts for tips on how to be more successful here. I wish you success
šŸ‘  
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vote details (1)
@danielownsall ·
The vote for vote thing has got to go. absolutely horrible system that has not and will not ever work on any platform.
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@charles1 ·
Good point @danielownsall I agree...what do you think of follow for follow F4F? 
šŸ‘  ,
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@danielownsall ·
I think it is a joke myself. your pages followers wont stick around very long if at all if the only reason they clicked follow was in hopes of their page growing. They could care less about what subjects you talk about.
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@galberto ·
:)
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@charles1 ·
Good point
šŸ‘  ,
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@galberto ·
Sorry for only put a pin, it was to identify your great post remember sometimes we do not have a lot of time and if you do not identify the post could loose.
Well i loved your point about money in this network, people writte about everything and do not have a line or speciality, and let in this network only with make money, as i say in my presentation money is important but the most important is the knowledge that you could get and shared with your friend here, and the money is the secondary point, you should writte for shared your feedback, for example i wrotte about foraging topics i loved to catch food in the mountain but i study finance in my career for this reason when i saw a topics about money and investment i know a kittle and would like to comment like your good point. We do not let people destroy this net, what do we do only voted an interesting topic about our preferences.
Thank you so much for writte about this interesting topic best regard.
@galberto.
šŸ‘  
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@pjcswart ·
Nice post. It would depend on the incentives that are built into the system. I don't there is anything wrong with competitions though. Shortcuts don't work though, you probably just have to build up a loyal following. I hope you have a WONDERFUL day! šŸ˜€ šŸ˜ƒ šŸ˜„ šŸ˜ šŸ˜†
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@charles1 ·
You are welcome and thanks for your comment
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@pjcswart ·
You're welcome!
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@stortebeker ·
I agree with what you're saying up to a certain point. I don't think it's the monetary reward that is causing the greed, and the poor social interactions. I think those people you mention would be greedy, selfish, and short sighted anyway. But consider social networks without a monetary incentive to be "a good member". Facebook, or YouTube are full of trolls, getting their fix just by being jerks, without any financial reward. 
Instead, I would say we're still in "beta". Not just the platform itself, but us, the actual social network, made up of individual users. Our "steemit culture" is still just developing. But I think as a community we are much better at dealing with trolls than other platforms, and we're getting better every day, thanks to post like yours. They are much appreciated. :-)
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@charles1 ·
I agree with your view point  . Steemit is way better than other social  media platforms in terms  of rewards however where there is money incentive, there will always be greed...but still we have great people and communities isnt it?
šŸ‘  
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@karensuestudios ·
I think that has to do with people's personal out look on life. If you believe the world is an abundant place, then you will probably view Steemit as a place where everyone can find their niche... if you view the world as resources are limited, then you may feel jealous of other people's pay outs or see them as competition.

Anyways, just my thoughts. :)
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@charles1 ·
Good point, you are always on point my dear one and thanks for your comment.
Guess you dont like the follow for follow or vote for vote gangs ..isnt it?
šŸ‘  
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@karensuestudios ·
hahhaha nawwww I just follow my favorite peeps and vote my favorites. Guess you must be one of my favs on this platform :)
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@kenhudoy ·
Good points raised as always @charles1
Monetary reward has shown that humans has deep love for money as such a lot of selfish ways to rake up daily revenue from steemit however a lot of great folks earn genuinely with their great contents...tks for sharing 
šŸ‘  ,
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@charles1 ·
Good point I agree, thanks for your comment
šŸ‘  ,
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@kenhudoy ·
Welcome as always
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@basilmarples ·
I think that in general the pockets of authentic people have been finding each other and supporting each other with genuine love and appreciation for the content being shared and for the creative and entrepreneurial projects being launched. We are human beings, we all know there is a dark side. Wherever there is light, the dark desire to creep in and try to drink from the happiness and success that is nourishing us all. As long as we know this and observe it, we need not be dragged in to a mud-slinging match, because these people might be desperate or unhappy for reasons we don't understand. We just have to keep generating positivity and support for authenticity with the understanding that nothing can ever be ideal. Perhaps every now and then we can convince one of these unfortunate people that they have more to gain from this wonderful community than just money! Until then, we are busy rewarding those who represent what we REALLY want to see in the future of this platform, and so long as that is true, there can only be awesomeness ahead! Steem on most beautiful steemy creation magicians! I love you all! :D
šŸ‘  
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@charles1 ·
wow @basilmarples what a good comment, thnks. I guess that you have had your experience of the follow for follow and vote for vote gangs isnt it? 
šŸ‘  
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@charles1 ·
@cleverbot what is your opinion?
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@charles1 ·
@banjo , any suggestion from you?
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@jlufer ·
excellent work dear friend @ charles1, I totally agree with everything u plantesa in this wonderful work, congratulations.
I wish you a good night.
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@charles1 ·
same to you my friend and thanks for your comment
šŸ‘  ,
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@lydon.sipe ·
I think Steemit will be a success, and in many ways already is. You raise valid concerns over the focus on monetary rewards. 

Iā€™m curious what a viral marketing post or campaign would like that incorporates the rewards but highlights the community.
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@charles1 ·
Thanks for your comment @lydon.sipe I agree.
šŸ‘  
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@arcange ·
Congratulations @charles1!
Your post was mentioned in the [hit parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20171005) in the following category:

* Comments - Ranked 4 with 107 comments
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@charles1 ·
Thanks
šŸ‘  
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@resteemer ·
$0.24
Resteemed
šŸ‘  
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@charles1 ·
$0.03
Thanks
šŸ‘  ,
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@isellhomes ·
lol dog it dog world i guess. i will continue to read later, very interesting facts.
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@charles1 ·
$0.02
hahahah dog is dog indeed
šŸ‘  ,
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@isellhomes ·
lol i meant dog eat dog world. this platform seems massive. i guess its all the resourses for cryppos on it. thats fo you blog. keep it up.
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@runningdesigner ·
Good points here. I've got the same concerns even before I joined Steemit. But I believe that being rewarded ( monetary ) for your contribution and valuable content is still vital. I've seen some other tendencies here and I think everywhere it'll be like this.
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@charles1 ·
Good point, I agree
šŸ‘  
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