Hey fellow @Steemians!
I've been on @Steemit since November, at first I really didn't understand it, then I started to . . . Well I thought I started to. When I really decided to get started, thinking I could make money on @Steemit, I started to upload videos, and share my content.
I've also read many posts about how to grow your @Steemit influence, how to build up SP, and share or upvote other @Steemians stories. So I started to do the too. Leaving comments with substance, up-voting posts and up-voting comments. To my dismay, when I started my account was work well over $500 USD, it's now been about a month and my account is at a staggering $380! Where did all my money go?! Oh yeah, I shared it with others, and paid them for their content . . . hmmmmmm but I thought I was suppose to make money too.
Then I started to watch more videos and read more. So I guess when @Steemit was started awhile ago there were some issues, where basically people set up multiple accounts, when doing this, they've basically given all of the power to themselves. That is why you will see profiles that never post, that are a 25 or 30, and they're making hundreds of dollars off of posts.
You see while @Steemit was the first . . . @Steemit is broken. If you're new, and the @whales don't like you, or you're not in their "click" then you'll get nothing. So how can @Steemit top Youtube, at least the powers that be behind Youtube let Youtubers know what they have to do to make money. The powers that be that are running @Steemit don't.
Also bots . . . you're suppose to get paid for posting good content and it gets upvoted (or down voted like I'm sure this one will, because the powers that be that run @Steemit don't like the truth coming out, so the screw anyone who tries to put the truth out) but when there are bots involved, it's already a broken system. Bots only do what they are programed to do by the people that make them, so they whole system is bias, and it totally broke. The bots are just taking all of the power and giving it to those who already have power. So it's just like the 1% in the USA, stealing from the poor to make them poorer and the rich, well richer, with more power.
I think @Steemit is a great idea, but it needs to be set up in a way that people can not just come in and control it and basically screw everyone else. Usually the first to the party is the first to fall, so I think that the first project that can put out something like this, and make it the scamming people and bots can not take over and run the system then it will quickly top @Steemit.
There are multiple videos I've watched were people are telling others who are starting @Steemit accounts that when they started and @Steemit was giving away free coins, they would make as many accounts as possible, "even buying new SIM cards for their phones so they could have multiple accounts, and use them to build up power for their other accounts." If @Steemians do not have the ability to still do that, then everyone that did that when @Steemit first started have screwed everyone else, and have essentially broken the system.
So tell me, with a fundamentally broken system that only rewards those who are at the top, and only makes money for those at the top, how is it going to take off and get as big as Youtube? It will not take long for users (like me) to see that the only people who benefit from @steemit are the people who got in first and who have now monkey fckd the system so they get all the money.