What Will The Lives of Early Steem Adopters Look Like In 2024?

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What's going to bring the masses back to Steem?

Well, it's simple. When the forces above tell the whales to "pump it", causing to Bitcoin explode, the retail investors who've sat on the sidelines will FOMO in like they always do. After the average investor fails to dollar cost average into the parabolic rise, they will look for any way they can to make more money to invest and look towards little ole Steem for the answer.

Except this time the game has changed! No, like literally, the game theory actually changed and it's actually more profitable to curate others than self-upvote or bid-bot yourself to trending yourself 10 times a day!

Oh and did I mention all of the new initiatives that have came into fruition while they were away living their centralized lives off chain? The ground work that has currently been realized and initiatives that are continuing to be developed, are going to greatly change the lives of many here blogging, building, and accumulating right now!

So What Will Our Lives look Like In 4 Years?

Well if we assume that the 4 years from now, we will be coming out of another bear market and are again 90% down from our all-time high, let's be bullish and say we are trading around $1-2 at the moment. Now I know that's a super modest price, but I don't want to put out anything too unrealistic and $1-2 for any large dolphin or orca, which can be reasonably be obtained right now, is still a very hefty sum. 10-20X can be live changing in any scenario.

At these prices we would have accounts worth anywhere from 5k to 200k and upwards for our true believers. So what do we do with all of this power?

The Passive Approach

Dlease is a rather recent development that will allow us to delegate our stake for whatever the market deems fair at that point in time. Right now leases are trending around 12% APR, but I could see that ROI increasing as the price increases, so lets say 15% in this example.

At A Steem price of $2 and an account with 30k steem, that user would be making 9k a year or ~$24 a day from delegating their stake away. I predict many of us in the top 2000 list for staked steem will have the opportunity to allocate this new income to other wealth generating pathways, wether it be real-estate or starting a business, while those of Orca status might be able to retire out right!

The cool thing about Dlease is that your payment is fully locked up and released to you daily, so you are guaranteed to receive your payout in daily increments over the life of your loan. You can also un-delegate your stake whenever you want, which can be a useful deterrent for bad actors who abuse your stake.

The Active Approach

This is where the convo gets fun! After playing around with the beta for communities over the past few days, I've been able to see glimpses of the future for those with large stakes and it looks f-in magical! In the age where a click of the upvote button can become the easiest way to mine Steem, quality curation is going to become pivotal in the retention of our new minnows and baby dolphins!

Gone are the days of scrolling through the "new" tab hoping for something 1/10th decent to upvote! Nope, with a large stake we will be able to make our own communities where we can hide away and wait for the quality content to come to us! And at prices above $1-2, you better believe that those minnows will come swimming when they see that they're always rewarded when they follow your rules!

The way I like to think about communities for steemians with large stakes, is like us having our own little grottos or oasis's where lost travelers seeking great fortune stop by from time to time to enjoy the scenery. Before they know it, several of them have set up shop and started to build a home on your property. You reward them for their loyalty by helping them grow their wealth, which will eventually return back to you 10X fold whenever you decide to get off your hammock to post about how happy you are to have invested early lol. Man It's going to be great having Steem Power!

The Complicated Approach

It's not all that complicated, but with Steem power comes Resource Credits, which will be used to claim accounts (which are worth, I think 3 Steem), and run SMT's! Your massive amount of Steem will also come with a hefty amount of RCs which you will be able to delegate to whatever entity needs them at the moment!

Steem is going to be vastly harder to earn for the average investor in the future because with the creation of SMT's we will see an endless amount of ideas that will require a lot of Stake to come to fruition. At $1-2, I'm sure some will be able to manage, and with our DAO, the best ideas will get funded though inflation.

However, as we continue to climb up coinmarketcap, those start-ups will be looking toward you, the early investor to delegate and help shape what the Steem of 2028 will look like. And for those who make the correct decision, that delegation could push you way passed the point of financial freedom.

Hmmm, I wonder how many people I can get to blog everyday about Spider-man? I better go buy some more Steem, to help sway their judgment ;)!

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8 comments
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To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

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Wow! This is very nice article! Thanks for sharing! You’ve given me brighter hope for the near future!

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Thanks for reading! Def thought it would’ve done better, but I’m happy someone enjoyed it!

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I can't wait. I only have 2200 SP so I need to build it up more.


Posted via Steemleo | A Decentralized Community for Investors
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You have plenty of time don’t worry! What helped me build was skipping going out as often, so I could buy at these low prices!

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Hi, @waphilip!

You just got a 4.52% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

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Congratulations! Your post has been selected as a daily Steemit truffle! It is listed on rank 6 of all contributions awarded today. You can find the TOP DAILY TRUFFLE PICKS HERE.

I upvoted your contribution because to my mind your post is at least 4 SBD worth and should receive 183 votes. It's now up to the lovely Steemit community to make this come true.

I am TrufflePig, an Artificial Intelligence Bot that helps minnows and content curators using Machine Learning. If you are curious how I select content, you can find an explanation here!

Have a nice day and sincerely yours,
trufflepig
TrufflePig

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