RE: RE: Why Should an Investor Prefer Steem/Steem Power over Bitcoin?
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RE: Why Should an Investor Prefer Steem/Steem Power over Bitcoin?

RE: Why Should an Investor Prefer Steem/Steem Power over Bitcoin?

If you're an advertiser or creating a new product and want to give it attention, you can use Steem Power for that.

Steem Power is backed by content and an ability to bring eyeballs to content.

Theoretically, I agree with you. Those are the investment hypotheses of Steem Power.

My question is "to which extent does Steemit.com fulfill those hypotheses?"

I'm not convinced of 99% of the content and the other 1% is hard to find.

The majority of the eyeballs seem to belong to the people who want to make a quick buck on the platform. I'm not convinced that advertising on Steemit is better than advertising on other platforms such as Facebook.

It would be interesting to have demographics data of active Steemit users. With Facebook, you have that data. When advertising, the demographics make a huge difference in advertisement costs.

I'm afraid that the majority of the users on Steemit belong to the demographic that is inexpensive to advertise to on Facebook.

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