RE: Let's face it - #newsteem does not work
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“We can not solve our problems with the same level of thinking that created them.” - Albert Einstein
I have a lot of respect for Dan Larimer; he is indeed a genius. In fact, it was his father, Stan Larimer, that got me interested in BitShares, Steem and DPoS. Brilliant minds!
I personally do not believe that the developers of Steem, nor the investors in STEEM, will ever solve the issues of this blockchain community, because I do not believe they have successfully identified the problems. Steem was supposed to be an experiment for building a social network on a blockchain, but the builders approached it from a financial and coding perspective. They did not, and still do not, adequately look at human nature, psychology and sociology. Facebook's success was, in part, due to the exploitation of social behavior and human relationships. This was supposed to be about challenging oligarchical capitalism, but we have ended up with the same top-heavy model; with just a few Whales having more power than all other users combined!
We keep trying to solve the economic part of the equation, but as Einstein said above, I believe that the same minds and the same thinking that created Steem, are continuing, as you rightly stated, in a viscous circle of not really considering things like human nature, human relationships and human expression. This is a platform dominated by developers and economists. The price of STEEM is not the problem; in fact, it's the constant focus on the price of STEEM that is the problem.
I think that this is the way Steem works at the moment - most people that are here today are here for the community. Money can hardly be an argument for most people. The good news is, that this is a sustainable level - but there is no growth. To be able to grow, we would have to offer something that the other social networks do not offer and which attracts a lot of people.
I strongly, strongly agree with you Tim! I would just add that first we have to offer what other social media are already offering, because we do have something unique. We need to make it easier and simpler for people to create accounts, and we have to be less rigid about the rules we want to enforce for posting. The Steem blockchain can handle unknown amounts of transactions, so why not put it to the test! We need to attract younger people. And Steemit, along with other Whales, should be supporting SteamPeak, Steem Engine and the Tribes!!!