Hang in there - or don't by tarazkp

View this thread on steempeak.com
· @tarazkp ·
$3.98
Hang in there - or don't
<div class="text-justify">

While the imminent HF21 is likely only a few weeks away, there seems to still be casualties forming on the Blockchain, people who are becoming disillusioned by where Steem is or, where it is going. It is a strange position to be in perhaps because as far as I know, there are very few people who think Steem is all it can be right now, but at the same time, a lot of people seem to be against changing it. 

# Hang in there?

https://i.imgur.com/MHyO2qa.jpg

Actually, I don't mind so much if people hang in or not if they are unwilling to actually see how things play out long term. While *everyone* wants to earn from Steem and content creators believe that 50/50 and the SPS cost is going to impact them, the entire current Steem pool is only worth:

<center>![](https://cdn.steemitimages.com/DQmWdy9HuawLKhdmiCXr8oK434AfZGArYW2BsbACpYXXTvg/image.png)</center>

How far does that really go? How many rents can it pay, how many authors and creators can it reward? As I and many others have stated many times over the years, *Steem* is not ready for the majority of people to live off and will unlikely ever be able to support a massive number to live off as earners on the platform - but it could provide significant and helpful revenue streams . and it could reward authors better *if* price increases. 

While there are plenty of platforms where people can earn more, there *aren't* plenty of platforms where one can *own* part of the platform itself. What that means is that while a person can *potentially* earn more on Patreon or Youtube, they will never have a piece of the ownership meaning, they will always be at the whims of the owners and audience - no matter how much work they do, no matter how good the quality of what is produced. 

For those on Patreon and other places, how much do you care about *other people's* content there, how much are you putting into supporting artists like yourself? This is an interesting question because if supporting at the same rate you are earning, what are you actually gaining? It would be interesting to see some metric from how much of what people earn goes back into support others when it is a *direct cost to do so.*

The problem I see with the centralized platforms that provide earning is that the majority of what they generate goes to the owners who do not put it back into the system at all. What they are doing is leaching the system and draining value away while those who create and consume finance them. Where is the ownership share for the creators and consumers? Are they offering points on the profit they make?

What happens when the content idea machine runs dry, what happens when no one wants to see you do what you do any more, what happens when the old age sets in? On Steem, those that actually care about content support are staking in so while they might be able to earn now on their posts, later they will be able to support the up and coming content of others. New writers, artists, game developers, streamers and all sorts of people who are just starting out on their journey. 

I am a content creator on Steem and have been from day one where I started at *absolute Steem zero.* I am still a content creator on Steem and have likely been one of the higher earners in comparison to many, as well as among the most prolific in both content count, length of post, number of comments, manual votes cast and while subjective, *quality* of content and experience. It is interesting when people say things like "you don't care about author earnings".

I *do* care about them a great deal because, that is a part of the system that is going to be the most valuable because we as an economy will be able to support each other without it being leeched by an authority that takes it away from the system. But, in order to be able to support a large number of people, that Steem pool needs to be worth more than it is today. 

Distributing it to people who are only looking to earn for life at this point doesn't help the price grow. What needs to happen is that it needs to be locked up, it needs to be demanded, it needs to be generative for earning without selling it. That is part of what the EIP is trying to do, to put *Steem* in the hands of those who want to hold it and provide more incentive to distribute what is in the inflation pool. 

Will it work? Dunno. But, what is currently happening isn't working and hasn't for a very long time. It is a little frustrating that there are so many people who have put up with the BS for so long, but *now* they get disillusioned. Now that there is a large change on the horizon that could lead us into a new type of Steem and the many new ideas it will bring. 

It is okay that you are disillusioned, it is okay that you are upset at having your rewards cut, it is okay that you hate Steem because, there are enough people here who are working toward a better experience for all Steemians,

*not just for you and your list of desires.*

But this all takes time, and patience is something that people lack in a world of *on-demand* services.

Services that while you demand, others own.

Taraz
[ a Steem original ]

</div>
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vote details (218)
@gadrian ·
> Services that while you demand, others own.

Customer is always right, until he is not. Especially when the owner is in a dominant market position.
👍  
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@tarazkp ·
Then the customer is cut loose while their userbase is retained to be further milked.
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@gadrian ·
They will comply to whatever the owner's new terms are or showed the door and what you said happens (if they have a userbase).
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@hotsauceislethal ·
STEEM has been struggling for a very long time against Bitcoin. It will never get back to the prices that we want to see until the user interfaces change and things are simplified. I really like what we have with the new front ends and communities that are developing out of these new tokens. 

It is sadly making things even more complicated. New people are expected to understand an overabundance of new terms, ideas and formats on top of these layered tokens being staked on top of STEEM. 

The future is very bright but we must not forget the path to mass adoption is not on the fringes where we want to remain.
👍  
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@tarazkp ·
>It is sadly making things even more complicated. New people are expected to understand an overabundance of new terms, ideas and formats on top of these layered tokens being staked on top of STEEM.

Not necessarily. New investors might need to understand in depth, new users can just do what they do on their tokenized interface or game of choice.

The tokens/SMTs can become the earners where there is very little ramp-up required while Steem becomes an investment class that empowers and stabilizes them across the network.
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@organduo ·
I've always been suspicious of the donations model that Patreon has. It doesn't feel right. The company profits from people's money. And the money that they donated is gone. I'm supporting one podcaster this way and have been trying really hard to help him get back to Steem. Of course, if I was that podcaster, I would be much more glad in the short term to get 25 USD every month in cash instead of upvotes which value fluctuates so much. I even wrote a detailed letter with my vote values and said, that if he published once a day on Steem and Whaleshares he would get not 25 dollars like today but 120 dollars worth of upvotes. Seems like no brainer. So far he only published one video. Maybe time will come when he is less suspicious of Steem and crypto.

Posted using [Partiko Android](https://partiko.app/referral/organduo)
👍  
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vote details (1)
@tarazkp ·
$0.02
It is hard to pull people away from the places where everyone else is because there is some kind of social proofing that takes place. What they don't necessarily realize is a great deal of it is engineered that way.At some point, people will come here because they can not only get support, but support others with their earnings without losing them.
👍  ,
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@organduo ·
Amen to that!

Posted using [Partiko Android](https://partiko.app/referral/organduo)
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@newageinv ·
I am not frustrated at all as I continue to learn new things here every day and enjoy the engagement.  Where else would I do the same while slowly building something that is mine? In it for the long term...

Posted using [Partiko iOS](https://partiko.app/referral/newageinv)
👍  
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vote details (1)
@tarazkp ·
> Where else would I do the same while slowly building something that is mine?

No idea, but it is also quite a low barrier of entry into a technical industry and a form of entrepreneurship. It is a great opportunity on many fronts.
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@shadowspub ·
Something that might provide some perspective from off the blockchain. 

On Medium, subscribers pay $5/mo to be able to read unlimited content. The pool created by the subscriptions goes to pay the content creators based on some mysterious algorithm involving the claps (votes) and other factors. 

Of those content creators only 6-7% per month make more than $100 

Content is not an easy field to make income in.
👍  
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vote details (1)
@tarazkp ·
$0.02
I would say that if the math was done on youtube creators, there would be far fewer than the 6-7 earning anything at all. Content is very difficult and on Steem, it benefits from being part of a burgeoning technical industry that offers some ownership. Pretty amazing potential.
👍  ,
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vote details (2)
@abitcoinskeptic ·
I like your idea that Steem isn't really ready to help people make a living. 3 years is a still a baby especially considering the revolutionary tech. It's a longer term investment especially when the prices are low.

An interesting thing I noticed is the good content  creators who steadly sell to support themselves are asking for more votes and donations so they can keep up their 'earnings' when prices tank.

However the leeches who don't produce decent content move on when the price is low because they know they won't get anything.

I think it is good for the people who can manage to live off steem but they do risk ending up like beggars when prices go down because steem can't actially support many people. Also it is off putting if people come here and only see people asking for money ... or just talking about steem =|

Posted using [Partiko Android](https://partiko.app/referral/abitcoinskeptic)
👍  
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@tarazkp ·
>3 years is a still a baby especially considering the revolutionary tech. 

Even in a one-person startup it would be scraping to make a living most likely, let alone if there were thousands of people to support with the same earnings. 

>An interesting thing I noticed is the good content creators who steadly sell to support themselves are asking for more votes and donations so they can keep up their 'earnings' when prices tank.

Yep, and complain if they don't get them. Imagine needing 20 dollars a day to live off, that is pretty much 4 100% whale votes at these prices. 

>However the leeches who don't produce decent content move on when the price is low because they know they won't get anything.

And return at the large runs. A lot when they return won't have the RC's to spam with at least :D

Living off Steem is a hard life and I am glad I don't have to attempt it. I would rather work two jobs like I do than cut into my future.
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@cryptoandcoffee ·
Both author and curator earnings are important as that is the whole basis of this place. It is amazing that the whining and moaning happens when Steem is low in price yet it is the best time to earn. I think greed has blinded users on here and they don't know what easy Steem is any more.
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