RE: It's official, regulated derivatives markets are here! by curtiscolwell

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· @curtiscolwell ·
It's a good point, but I think the counter argument is that they already do this by owning CNN, FOX, MSNBC, etc. where the viewer gets nothing out of it. If they did what you said the rest of the community would benefit financially even if they controlled the top stories.
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vote details (1)
@jrcornel ·
Very good point!
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@curtiscolwell ·
In fact SteemIt kind of relies on advertiser investment to release value into the platform. If no one puts real money in then none of the tokens have any real value.
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@jrcornel ·
So far there hasn't been any advertisement revenue. Not sure if that is in the plans at some point or not. I think they are trying to build this as big as they can and then worry about monetizing later on, which is what a lot of the largest social media sites did as well.
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