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RE: Let's talk about Steem

in #steem6 years ago

In all the discussion and info I’ve seen, I think it’s important to note that hypothetical 1 account = 1 vote systems have been applicable only to a new token (SMT) and not to Steem directly. When moving to a multi token system, Steem and its corresponding rewards, will most likely remain stake weighted. 1/1 systems can influence content sorting and secondary token distribution; with content sorting being the most important aspect; to truly create a trending page and legitimately viral content.

It’s still too early for big YouTube & other social media stars who have active user bases larger than the entire Steem user base! Obviously they’ll only appeal to a small subset of people on the platform at the moment and are bound to see markedly lesser results. We still need people who have a vision of what Steem will become & actively work to build it before cashing in. I think the fixed account signup and resource credit system is key here, because to date, even if larger players have been willing to try moving their audiences to Steem, they’ve been hamstrung.