Whos job is it anyway?

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whatsup@whatsup recently posted some thought-provoking questions about the state of Steem, which I hope will create some discussion about how we can move forward as a community. I thought I would share my thoughts on the debate.

Whose job is it to bring value to Steem?


I think for Steem to have value, there needs to be something unique about it. With the amount of new Dapps being released so frequently it seems that Steem is becoming more diverse every day,and will appeal to wider range of users (and hopefully investors). In this case I think that a huge responsibility of adding value to the Steem blockchain comes down to developers and business people alike.

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Yes the users are responsible to a degree, but I think developers hold the key to making this ecosystem more diverse and really adding value.

Whose Job is it to get us added to Exchanges?


I’m sure this question will be up for debate in the coming days after the Netcoins contest comes to a close. Alot of users would argue that it is solely up to users to rally together and get Steem listed on exchanges - Netcoins is a classic example of this. However, not all listing sites are going to offer competitions with such as opportunity, and in this case is it up to Steem themselves to delegate some of their SP towards an ‘Exchange account’, whose sole responsibility it is to work towards getting Steem listed on more exchanges, and thus having more possibility for investors?

Whose job is it to attract and retain new-users?


I think the job of attracting new users is falling more and more in the hands of the people incharge of the many different Dapps. Each of these Dapps has the ability to attract specific subsets of users, and thus giving Steem a much more rich and diverse ecosystem. I think that by targeting the right type of users these Dapps will be able to expand quickly and have users who are actually interested in the cause, and could potentially lead to larger investors in the future

Alot of users (myself included!) are starting to realise how diverse Steem is becoming and it is much, much more than just a blogging site.

Where does the money come from?

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What sets the price of Steem?


Like the rest of the crypto market, the price of Steem is set by a number of different factors, but it essentially comes down to demand and supply. When demand goes up then generally price goes up, and vice versa. This is alot of what led to the ‘boom’ of lae 2017, and the subsequent crash. When the price went to over $8 for Steem there was an over demand, and thus people started selling, and the price started to fall.

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Many other factors affect the price of Steem, such as new developments, regulation changes and also FUD!

What role can/do you play in building the economy of Steem?


I am starting to realise and learn about the vast number of Dapps on the Steem blockchain, and am starting to educate others about all of the opportunities available.

I love educating people about Steem, but also encourage honest conversation, as Steem is not perfect!

What is Steem's greatest strength?


Community - there are so many great people on here willing to put in hard work to make this place a better place! Developers are working hard every day to bring us many new oppurtunities, and the witnesses work hard to make Steem the best place it can be.

What is Steem's greatest weakness?


Community - yes its a double edged sword. There is also alot of negativity on Steem, such as flagging/flag wars, reward pool abuse, spam, scams and many more. Although there are people fighting the abuse, sometimes it feels a bit like the wild west on here.

I also think that Steem is quite hard for everyday people to understand, and this could hold back mass adoption. I remember when I started how long it took to understand the ins and outs of everything - I am still learning to this day!

Thanks whatsup@whatsup for the awesome thought provoking questions!banner007.jpg

Whos job is it anyway? | Ecency