Your prayers are answered, first STEEM fork arrives, how high will it go?

[Tanglemymind]

Yes the whales own the keys to the marketing budget, and the best way to convince them to upvote you is to post stuff that shows how you marketed Steemit to the masses. 

STEEM is just a coin with a marketing budget controlled by the owners, that's all.

Pretty simple and effective business model, it seems.

Now Charlie Shrem is posting on Steemit exclusively.

All the big bitcoin celebs are showing up there to get paid to promote crypto.  And if you are normally a crypto promoter who does it for[size=40pt] free like Amanda B Johnson[/size], or Mad Bitcoins, then of course you are going to at least post parallel on Steemit.

That is the model.  You ain't going to make a million posting cooking tutorials anywhere.

she is a paid dash employee

[Zer0Sum]

Like the asshole decision not to release a Windows binary of steemd = massive, deliberate security hole...
How much money can one put in an account secured ONLY by an unregulated, centralized web site targeted by every hacket out there?

Are you lamenting the inability to access accounts from a Windows client and thus forcing Windows users to access it through Steemit?

IMO, the only way to have a secure account on Steemit is to use the steemd CLI wallet and API...
And only use the posting key on the insecure, by definition, centralized web site.

As a fact, Linux runs on about 2.3% of desktops...
And there are very good reasons why 47% of all desktops are STILL running Win 7.

https://www.netmarketshare.com/operating-system-market-share.aspx?qprid=10&qpcustomd=0

Steemit has never released ANY steemd binaries, ever to my knowledge (some 3rd parties have)...
But many can compile the Linux version and run it in either VMware PLayer and VirualBox...
But compiling the Windows binary is really the domain of guys who code C++ every day.

So again, Steemit creates a 2 tier system where whales are running blockchain secure steemd...
But the schmuck who has $1,000 invested and is #1500 on the Rich List must rely on web site level security.

And they are arrogant assholes about it, plus they hard fork every 2-3 weeks...
So I'm done investing another penny in STEEM...
Until they provide CLI wallet binaries for everyone like most $50,000 shit coins do out of the box.

[iamnotback]

and a paid STEEM employee too obviously

the entire point is to distribute the currency to as many people as possible who would engage in commerce with the token, because that is the only future that will make the token valuable.

The entire point is to make the network valuable to the people so they use it.  Who cares what the coin is worth as long as people can be compensated adequately for their productive work.

Only speculators care about the value of their tokens.  

That might be the entire point of a simple chain like bitcoin, but a smartchain like STEEM or PeerPlays is designed for an entirely different purpose.

You don't seem to understand that the paid blogging is just a gimmick to onboard users and distribute the currency, to enable building a much bigger and more diverse transactions ecosystem.

Once you understand this, it becomes clear there are many other related designs which are much better than Steem.

Stay tuned...