How Much Have You Spent on Entertainment in Your Lifetime?

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(Edited)

Entertainment is supposed to make us happy.
Would you be happier today if all of that money was still in your bank account?

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I Stumbled Upon a Blog Post Today

And inside the post, was a simple question.

I nearly wasted my time formulating an answer to place neatly under the blog post.

Anywhere else on the internet, once finished reading an article, one can scroll down, read a few senseless comments praising the author, but for the most part, nobody pays attention to that drivel — not even the author of said article.

On Steemit.com, they do things differently. Steemit.com is where I stumbled upon this blog post I speak of. Rather than writing this up as a comment and talking about it under a blog post, I've decided to write my own post on the topic.

Written and produced by Steemit's very own local master of controversies, @berniesanders:

I've asked many times now and nobody ever seems to have an answer, why would anyone buy Steem and power up just to reward others?

And my answer to that I'd like to share with everyone today is simple:

How much have you spent on entertainment in your lifetime?

The averages dictate $2,504 annually.

The average American spent $2,504 on entertainment in 2010, the U.S. Bureau of Labor Statistics reported in August 2012. Entertainment spending dropped 7 percent from 2009 as consumers tightened their belts in an uncertain economy. People spent less on concerts, movies and sports events, and fewer visited theme parks, bowling alleys and golf courses. However, at the same time, Americans spent more on home-based entertainment such as cable television, hobbies and pets. source

That amounts to billions, globally, every year. Billions.

Americans spent more on home-based entertainment.

It's now 2019 and much of that 'home-based entertainment' now catches a ride with us, everywhere we go, in the form of a smartphone.

The numbers, the year, the habits of the consumer; it's all irrelevant. The fact is: People spend money on entertainment.

'Spend'

The money, gone, forever.

In 2019, not only do people purchase forms of entertainment, they now donate directly to independent content producers all over the internet. From artists and entertainers, gamers; everyone in between.

That money, gone, forever.
A cheap thrill. Throwing dollar bills at a pole dancer.

So to answer Bernie's question:

People will buy STEEM and power up just to reward others because now, all the money people spent on entertainment is NOT gone, forever.

If you're familiar with how Steempower works, then you'll know, even if you spend...

(video linked to source)

a million dollars on entertainment in a year, you will NOT be out one million dollars.

Subscriptions, Donations, Onetime Charges

All a thing of the past in the entertainment industry, because of STEEM.

Some folks like to say this STEEM blockchain lacks vision; but are you seeing it now?

Investing. You're now given the opportunity to invest in the entertainment of your choosing. Not in a blockchain, or a token, or a platform, or a technology. Consumers didn't buy into HBO because it has potential, solid leadership, and seems like a cool platform; they bought it for Game of Thrones. They bought it for the content or, without really knowing it, they bought it to reward a content producer(s).

Rewarding a content producer is not a new concept.

Many content producers out there now rely on advertising not of their choosing and donations. You might think something like 'tipping' and donations are the way of the future but if you take a good hard look at the entertainment industry as it stands today, you will know that method of financing content is as old as time itself.

Picture a man in the park, strumming a guitar, singing a song; as the folks walk by, they throw money into an open guitar case. Maybe you heard this as a child on television: "This program could not be here today without the help of sponsor 'A', sponsor 'B' and YOUR DONATIONS to the Public Broadcasting Service. We thank you for your support."

A Snippet of My Mind

Some folks out there will end up spending thousands "donating" to their favorite streamers or content producers. They get nothing in return, monetarily. People seem to think this behavior is the way of the future. I personally think it's idiotic when we have a platform like this place(STEEM). Why throw that money away like these content producers are strippers working the pole when one could simply INVEST in a platform, support their favorite content producers by voting, get a return on their initial investment, plus have the opportunity to pull out with no strings attached at any time. That's like buying a lifelong subscription to HBO, for free, plus you get paid. How is this simplicity consistently flying over so many heads? How is it the professionals here have trouble cleaning up that thought and selling it? That's the future of the entertainment industry right there, in my mind, and it shouldn't be so damn hard to get it right.

I'm a content producer on STEEM

And this is how I've been seeing it since day one.

Day one was way back in late September of 2016.

I've witnessed a lot of folks out there scratching their heads, wondering how to market this STEEM stuff.

Allow the content and content producers to do that. Allow the content producers to SUCCEED and thrive. It's that simple.

Have you ever seen an HBO advertisement? You'll see thirty seconds of clips taken from the content only available on HBO. Nothing about the technology behind HBO. The only thing attracting people to HBO is the content. Youtube, same thing. You went to Youtube because someone shared content from Youtube. Nobody wrote a fascinating Facebook status update detailing how they've found a video platform that has content on it, then went into detail on how they managed to place pixels in front of your eyes; they simply shared the content, you went there, and you being there pays the content producer.

You get nothing

but entertainment.

Entertainment is supposed to make us happy. Would you be happier today if all of that money you spent on entertainment was still in your bank account?

Here, provided you've purchased some STEEM and powered it up, you get paid to hit the "like" button. Millions of people hit "like buttons", daily. It's not a new concept and history shows us people like like buttons.

With that money now invested into content, content producers are then able to increase not only their output but the quality of their craft as well.

Maybe your favorite content isn't the most popular or doesn't have the highest production budget but since the STEEM platform is designed in a way that allows all content producers and consumers to work together towards a common goal of making money, even the things you don't like contribute to your bottom line. So what if I absolutely hated that makeup tutorial. The fact that content producer attracted investors who are interested in that kind of thing and willing to support content producers means they're my new best friend.

Your investment in the content producers of your choice leads to the success of the content producers of your choice, and everyone else involved directly or indirectly, including the entire platform. That's just how it goes under any entertainment industry business model, except now with STEEM, the consumer is not throwing that money away.

Does STEEM lack vision?

Or do we have a shortage of VISIONARIES?

Emulating the competition is pointless, futile. Fearing a new social network on the horizon or viewing it as competition is silly as well because a content platform and all social networks go hand in hand. What would Facebook be without people sharing links to content and what would Youtube be without people sharing links to content.

On STEEM we currently have a shortage of link sharing content consumers. We're lacking the free advertising/marketing potential successful content producers naturally bring to the table. STEEM does not need to set aside money to get the word out, STEEM simply needs to attract more content consumers willing to embrace the benefits of investing in content under this new model rather than throwing the money they spend on entertainment into the trashcan.

Are you currently a content producer on STEEM who heard a rumor there may be a change going into effect where curators could potentially share in 50% of the rewards your content generates? Does that make you feel afraid or ripped off?

Did you know this:

Screenshot (504).png

We need to attract those who would enjoy a share of 50%

In my humble opinion.

Instead of a handful of "corporate leaders" taking 50% and becoming incredibly wealthy, here, that 50% still sticks around and contributes to increasing the value of the other 50% that would be yours as a content producer. That's a far better deal than Youtube and honestly, down the road, far into the future (a place where the visionaries look), the way this place is set up, a content producer could easily make bank on a 10% cut provided that content producer attracted enough investors in content.


Today, here, the way I see the situation goes something like this:

From one content producer to another, I just want to suggest you give it more thought and some time. You need eyes on your work and by the sounds of things, this plan could help with that. Right now, too many potential curators choose to be paid to look away (vote selling). The proposed changes offer incentives to get paid to look.

In the arts and entertainment world, these changes are much like offering a standup comedian a smaller cut on a slow night because the venue is offering consumers drink specials. The drink specials are there to fill the house, the performer ends up earning more by accepting a smaller percentage because the seats are full. Had the venue not offered the drink specials as an incentive for people to show up, the performer would have taken home far less money, even if offered the full cut, because the seats were empty.

We have too many empty seats here at the moment. Too many performers, not enough content consumers. Everyone is in the back, waiting to go on stage, to perform in front of an empty house. Back room is packed. Something needs to be done to change that, or we go out of business. I've been saying this now for a very, very long time. If it works, it works. If it doesn't work, it doesn't work. Personally, I prefer to see people succeed. Standing room only. People hanging from the rafters.


Content Producers

You're nothing without an authentic audience/readership/viewership.

Don't be the one who got all dolled up to take a selfie in front of the bathroom mirror for the likes and faux pas generated by the purchased 80000 Instagram followers, only to wipe it all off and replace it with the reality of a fast food restaurant uniform.

Majority of the platforms out there where content can be found find ways to pay content producers. Simply marketing this place as a location online that pays content producers is like saying, "Hi! I'm just like everyone else!"

So, whatever.

Try something like:

STEEM! Where you can spend a lifetime going to work and on the side being entertained enough so when you retire, you can actually do something with your life... or maybe put the grand kids through college.

STEEM! Where you can invest in your downtime and turn that down upside.. down... ? Something like that!

STEEM! That time you didn't waste thousands of dollars on entertainment, but still left feeling entertained, and had money for pizza.

In conclusion:

I think you get the idea.

Have a nice day.

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Credits:
Youtube video linked to source.
All images seen here were produced digitally, by me.
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"STEEM! I'm not very good at writing slogans!"

© 2019 @NoNamesLeftToUse.



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84 comments
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(Edited)

{STEEM simply needs to attract more content consumers willing to embrace the benefits of investing}

YES!

Without a doubt steem is my source of entertainment. It used to be drinking - maybe market it to all the ex drinkers who now are bored with spare cash! lol

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I think it's brilliant that even the simple action of reading your comment, which was a form of online entertainment in itself, then upvoting it, like I'm about to do, pays us both. Simple.. and it's done everywhere else online, except those folks get nothing.

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(Edited)

Can we put you in charge of marketing? I’m dead serious.

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I have over a decade of experience in a related field. That's kinda like something I put behind me though. If I had to clean it up and wear a suit, I'd probably just lose my passion for it.

On a sidenote. The silence around here is deafening today. I'm not sure what to make of it, but I do a fine job of proving my point when I said we're performing in front of an empty house. Never, in the history of me on this blockchain, has something I produced sat dormant. Maybe I do a better job when I'm entertaining but part of that is the business side, in the background, where it shouldn't stay if we want this place to be awesome. So, I spoke up. and crickets.. LOL!

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You wouldn’t have to wear a suit.

It’s only been about 3 hours since you posted. Maybe give it a bit more time. I was thinking of promoting your post with an Upvote bot, but figured you may not appreciate that. Perhaps this is a time to buy an Upvote for visibilities sake, or not.

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I'm uncomfortable purchasing votes. As I said, all I'd be doing is paying potential curators to look away. I've been behind the scenes dropping links, attempting to do some networking. It's not like I gave up.

I hate suits.

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I love birthday suits.
but they don't look good on everyone

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Some folks have style.

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I too love birthday suits.

The eight packs is cool but the David looks can get me in jail... :(

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I love birthday suits too. The eight packs are cool but the David looks can get me jailed.... :(

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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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I agree in terms of the long term vision. It's like we can all see the mountain in the distance we want to get to,(Well most of us, there is that camp that thinks this BC shouldn't be about content :/) but I think it's just a matter of how do we get there.

There's some inescapable hurdles we have to get over like

  • People not knowing anything about crypto.
  • People having never heard of Steem(No Marketing)
  • Across the board poor user experience on applications
  • etc

I think if I could magically inject what Steem is and how it works to the world, the internet would explode and everyone would want to be here.

Also, I think better incorporated donations would be good for the interfaces here. Something like this
o1AJ9qDyyJNSpZWhUgGYc3MngFqoAMx3qfqt5ouaa4zLKqvte.jpg
I think it just gives people more options and I think it would be more popular for new users especially as this place starts to scale. Steem Power will get more and more scarce and expensive, and it take a lot of money to have an upvote worth say $1. But it's no big deal to just give someone you really like a dollar. To have a $1 upvote here would cost something like $17k. When we start to onboard the masses, most don't have that much to invest and I think donations(on content) gives them more options to reward what they want to reward. In my ideal scenario, there would be an SMT or something like that that rewards people for giving donations as well.

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(Edited)

People not knowing anything about crypto.

People don't really care about how Youtube works or pays, as content consumers. Many people drive cars and have no clue what fuel injection means. There's a lot to this place that doesn't really need to be explained, it just needs to work, like a car.

17K is a lot of money, but less than what you'd spend in a lifetime on entertainment.

Having the option to tip on top of everything isn't a bad idea, we already know it helps content producers, and combined with everything STEEM can offer, that would only make the place even more appealing. People like options, this I know. The more, the merrier.

I should probably add: Not making it about content at all would be a fine way to lose out on those billions people spend annually on entertainment. I hope people don't think 'content' means only blog posts on Steemit. STEEM is so much more and covers all forms of media. The online magazine or 'blog' part is just that.. a part.

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Well...we can already tip... This will be a standard tip but the tipper can make it whatever they want.

!tip

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Happiness has a value, difficult to measure in dollars or in STEEM. Entertainment is one means to happiness. Investment in entertainment can be measured in dollars, STEEM, bitcoin and time spent.

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All I'm really saying here is we'll make it much easier to tap into those billions spent on entertainment yearly if we market the place to the content consumer rather than the content producer.

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Thank You for saying what I think but saying it much better than I ever could :D

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And here I am thinking I could have said it even better. As @midlet said in a comment here:

I think if I could magically inject what Steem is and how it works to the world, the internet would explode and everyone would want to be here.

I feel the same way. If I could send how I feel about it just using some brainwaves and an antenna, I'd be all over that, and feel quite confident a lot of people would get it.

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I have tried with people I know to get them on Steem... It's not easy to explain the whole concept. Plus people don't want to work at anything anymore.

My niece is a great poet but she was only here for a short time and didn't 'get' that you have to go out and meet people here to get the whole experience.

it's too easy to 'turn something on' and throw 5.00 at google play store so someone can stare at their phone some more instead of reading interesting posts about everything and anything.

I don't know how to fix it.....

I have told people on Planes and gave them my number and said call if you need help and they are all excited but, like one lady, her granddaughter talked her out of it.... you can not compete with a Granddaughter LOL they fix their phones and computers when things go wrong.

sorry rambling now...

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(Edited)

I've reached to as many as I possibly could, including some actual content producers out there. Artists, musicians, youtubers... I've been knocking on doors. Some respond, many do not (and I think part of that has to do with fame and distancing themselves from common folk), those who've responded seemed interested... but I had to be honest and explain that trending page, often. It's always a deal breaker when an established artist finds out Joe Nobody can push the quality stuff out of ranking with garbage nobody cares about. Every time. Some of those conversations lasted for weeks.

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the sad part is most of the Steemians I know never even LOOK at that stupid trending page

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That's a place for the Joe Rogan's of this world, not the Joe Nobody's.

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What's a trending page?
😂😂😂😂😂😂

Just kidding.. but I don't ever look either lol

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Many people don't get it, including many content contributors.

Rather than seeing steem as a point of extraction, it should be a point of subscription. Steem power travels across the Blockchain and can and later will increasingly be used as the key to doors of entertainment applications and information.

Impatience killed the brat.

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We gotta get outta this funk. Tens of thousands of actual upvotes from actual people, even if those votes are worth half a penny each, adds up. The entertainment can't be the only audience forever. We need to find ways to sell out the venue. I sat here for hours wondering where everyone was today. That never happens to me. If it continues to be quiet like that, it's not impatience, there's something wrong, and I'll be concerned. Since I'm the most patient guy I know, if I become concerned, then there's a problem. I don't want to perform in front of an empty house. If you're on the road doing shows, those are the venues you skip. It's a night off.

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I do think that at the very least, there is going to be a lot of interaction generated if the EIP comes in and, the free DVs are going t make things very interesting as this place again becomes unpredictable and risky for some actions.

That in itself should increase eyes.

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At first, there will be a few issues. The dust will eventually settle and the situation can then be assessed. During the initial shit storm, I won't say a word. It'll be business as usual for me, just like every hardfork before. One worst case scenario I can see is downvote abuse by those against downvotes, just so they can say, "See, I told you this would happen." LOL!

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At least that. But we can do more.
Also, gamification FTW, am I right, @arcange?
(FYI: MIA Marlene ;-) )

There's that famous "I don't want to be a deadfish" story.
Incentive could be as simple as that. but IMHO it should be much more than that.

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Sure. I think the best part of this whole thing is I'm saying, "Hey! Here's a way to tap into billions of dollars." That's only those billions though. There's a lot more out there, and plenty of ways to get it.

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Does STEEM lack vision?
Or do we have a shortage of VISIONARIES?

Nice bullish post. I had been letting everyone drag me down with all the recent FUD but you put it back in perspective.

PS
Does anyone read these? lol

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I do my best to ignore the noise. I've been here a long time so I've become desensitized. There will always be FUD.

People do read this blog, but I'm not usually so serious and talking about business and STEEM.

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A bad joke, to be sure.
Was just referencing the op with the whole "worthless" comments angle.

Decentralize the desensitized.

Now I'm just talking nonsense.

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(Edited)

The worthless comments are found under promoted and fake trending posts here but for the most part, under the real content, excellent discussions and a lot of joking around can take place. The rest of the internet does not have that, it seems. Even Youtube. It's a list of random words not many read. Sometimes someone will say something that bugs people, and then under that it's another list of random words. No discussion. Just people yelling at clouds. I suppose I should have done a better job of explaining what I meant about that in the post itself, but at the time I didn't see the need to go into too much detail when the post was not about that at all. In writing class, they'll teach everyone to make it clear, precise, to the point. Screw ups like that though, in this world, more often than not lead to comments. Maybe I did it on purpose? Who knows...

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I would like to say this was really far down in my feed but it wasn't. Maybe I need to follow more folk. I suspect though that is the general quietness.

We need visionaries and we need content producers to produce and to do that they need to be rewarded.

One day!

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My post yesterday was quiet but I expected that due to the shocking nature, or whatever. That was an experiment. I take risks, and I'll probably do it again. Today though, dude, I sat here for three hours wondering where everyone was and like I said earlier in so many words, it was an eerie feeling. It's slow here and since I was gone for five months, I didn't have a chance to become a product of my environment. It's hard to notice something like a slow down happening at a slow and steady pace but just showing up like I did and jumping right back in, I can both see and feel the difference. Quite a shock, I'm a bit concerned, but there's still hope. One day.

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Yeah, I noticed the slowdown in interaction starting from a few months ago. People seemed to be leaving and not just the fly-by-night'rs. People who I recognised and talked with just disappeared. It did coincide with the price hitting rock bottom but had never really recovered. I super you should say the price hasn't much either.

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It's on the blockchain. Back in late 2017, I returned from a long break of about five months. On that day, STEEM started its run up to all time highs. I was kinda hoping that would happen again.

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Ha!! Maybe it will! Maybe your are the one in the prophecies!!!

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We'll never know. They will though. Those people from the future.

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Steem needs more content consumers, everyone here is a creator, no one is reading though

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(Edited)

Basically, yeah. People do come to my world and read. I'm grateful for that, but it has slowed down a lot. I'm not looking out for number one when I bring up the issues though. I'm looking around and what I want to see is others doing well. Everyone needs an audience. Tens of thousands, millions, of low to mid level SP accounts voting and viewing would be awesome. Your average consumer.

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You got it! Like Patreon, GoFundMe, etc. Steem is a way for content creators to monetise their content and for consumers to reward good content. Unlike most mediums the initial investment can be retrieved and with Steem a successful creator can in turn reward other creators without withdrawing funds to redeposit, which is awesome!

The biggest set backs in my opinion are, like you said, fake votes, via bots, rewarding lazy/bad content creation and hiding good content from the trending/top tabs.

Posted using Partiko iOS

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(Edited)

They would never put the late night infomercials and paid programming we see on television, in the primetime slots, and put the awesome shows in the late night slots... but that's basically what the paid votes do here. Any network on television would go under in a matter of weeks if they put the crap in the best slots. This is incredibly basic common sense stuff. Why those behind this disaster continue to hold the STEEM blockchain back is baffling. Darwin Award candidates, all of them. I hope to see changes that even out the playing field for ALL, so we can get the ball rolling again.

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It’s one of the main things holding Steem back in my opinion. Ironically the people making money off bots are the same people holding back the value of Steem. If we get rid of bots and start promoting actual content I think $100 Steem could be a reality in under 5 years.

Posted using Partiko iOS

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When you factor in the fact this is only one way to tap into billions of dollars and there are plenty more ways to tap into a few other stacks of billions, sure, $100 is actually possible. That value would be more in line with what would be typical of the entertainment industry. There's always money in entertainment. It's a given.

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Yep! Services like Facebook, Twitter, Twitch, YouTube, Snapchat, etc. are all worth billions and Steem is so much more than just a social media platform!

Posted using Partiko iOS

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A great point of view that I had not considered! I spend much more than the average on entertainment every year and considering how most of it goes, when given the option, I would definitely prefer putting it into Steem Power or even liquid Steem for content! This is eye opening and should also include the potential for what could be a successful deployment of SMTs in the future as entertainment is always looking to become more engaging.

Posted using Partiko iOS

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The big players in the entertainment industry will have a lot of fun with those SMTs. I wrote a post awhile back talking about it. Instead of purchasing singles or albums, consumers can invest, get the content only available to investors, get discounts on merchandise and tickets, access to direct communication with a famous public figure persona. Possibilities are endless.

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The feeling I get recently...

The slow down is very noticeable but it seems to be "industry" wide as most of the social chains are sputtering along. There are ebs and flows of interest and the hardest part of this whole thing is how to make the interest become a flood and not this measly trickle.

Entertainment value is completely subjective and what one considers valuable another will flag. The thing most people don't seem to grasp is that we are paying for entertainment on Steem, it just doens't come out of our fiat wallets.

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That image looks like home to me. A valuable post rarely gets downvoted even when those who do not see the value in it stumble across what they view as unworthy. The downvote is there more to stomp out anti-social behavior.

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PS
Does anyone read these? lol

Yeap, I have a tendency to be one of those people. I like to post, but I love to read and comment and look.

Trending page? Yes I look on occasion.

Whenever you're finished with this guy, I'd like you to have a look at this post:

That's how I first saw the post posted here, and yes this should be on the trending page, and with a lot of natural votes, so I will be resteeming it. Not that that will do any good, but it will make me feel better about it.

The initial question has been answered a heck of a lot of times in steemit/busy/partiko/esteem post and in other places. He and others like him just do not want to understand why people would pay to consume content on the steem blockchain. You get to choose what you want to see, view, or read. You get to say if you liked it, thought it sucked, or were neutral about it if you want. You can give a vote of varying size and type to indicate that more like this or less content like this from that content producer.

Okay done, out of steem for this round.

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Wow, now that's a lot to actually think about... interestingly enough, entertainment is often referred to a amusement which literally means "to NOT think."

Very good points, and excellent answer to the question at hand! Keep it up!

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(Edited)

I'm using the term loosely here. It covers a broad range of things. Not many folks ride the bus and stare out the window anymore. We always see those earbuds in. Content is always being consumed. Content producers are the thinkers.

It's good to see you again!

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Porn is free... Just saying. 😂

Posted using Partiko Android

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(Edited)

Free porn is free. Some women live stream their nakedness to the world, as the donations pour in, after someone spent money to subscribe to the site in order to be able to interact with their fetish of choice. A magazine is fucking free if all you do is stand by the rack and read...

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Why are you getting downvoted now? Trolling?

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Haha. Nah. Bernie read something he didnt like in one of my posts

One of those that constantly fight with him commented on my post and he probably followed the thread.

Seems he stopped though. Called him an "abusive character", that was about it. Really wasnt anything juicy that would make me interesting for him to flag me all day long.. Havent been flagged whole day and he had me on the auto flag list.
So i guess hes done. Will see. Lol

Posted using Partiko Android

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(Edited)

Well that was dumb. Kinda like running head first into someones fist and wondering why you got punched. He threw you in the corner for a bit to cool down, so just play it cool.

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Haha. No wondering here. He found my post by chance and the post wasnt even about him. Basically a sentence mentioning him. Its not like he needs an excuse. Lol.

Posted using Partiko Android

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(Edited)

For me Patreon model feels very wrong. I have been supporting one prominent Steemian on Patreon who abandoned Steem during the bear market and I do feel like I'm throwing all that money away. Whereas on Steem I could upvote him quite decently every day, if only he understood the beauty of the system. Plus he doesn't need to leave Patreon, he can do both if his other supporters don't get the joke yet.

On Patreon it's like content producers are begging for money from patrons whereas on Steem patrons become investors in your content.

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That Patreon system is abused and exploited as well. A junkie can just say they're sick, put on a big act, collect the money and run to the nearest drug dealer, never to be seen again. With this model here, if they stop performing or get found out, they lose the money, and nobody got scammed.

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I want to say thank you for putting this more eloquently than I could possibly have on my own.

It's really all for the lolz.

The best part, having that SP means you get to have comedy gold for years to come, and maybe recycle some values while you are at it. It's obviously not attractive to people who are keen on making money, but it's totally not too bad for kicks and giggles.

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Came here to read the article which was 37 times better, but was entertained 370 times!! :)

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Indeed!

I wrote a book only available on Steemit (and now the sequel only available here)

Also made a family project that is a through Steemit!

@fundition has been supporting our family project updates and helping us grow! And I have a handful of subscribers that have been enjoying the book (and sequel!)

Its a nice concept to have things exclusive to Steemit...and I hope it can be sustainable...but who knows what the future holds. Time will tell.

It has been quiet here, and prices aren't going up
But after 2.5 years (with snippets of time away also) I've never powered down, I'm about to be dolphin (only 70ish SP away.. I could power up some steem I've been holding for contests and such, but I kinda want to earn it on post payouts lol) and I've been a member of some great communities and even founded one that helps newbies.

Is that enough? Eh. Like I said..lol time will tell.

People need money, and a lot of people use Steemit as a short term investment (meaning they invest their time, earn and take out cash.)

We will see how long the platform can withstand that kind of pressure. Hope it changes for the better! But... Time. 😉

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bump.

I read a post of yours I think it was today, and it made me remember this post. I thought to myself, Well shit, that's buried in the weeds won't find it can't remember the title."

Then I went away for a while and came back and looked under my bookmarks, by accident, and I saw this post. Matrix in action. I really like the frame of thought with this post. A good reminder to the community.

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In the post you think you read today, which by now was probably yesterday (just to bring more confusion into this) you saw the lighthearted lines about the online content creator being deplatformed everywhere else, coming here, and asking for donations with a goal of a quarter million dollars. True story. It's Dan Dicks from Press for Truth, but it doesn't even matter who, what, where, or when.

Some of these people reach these goals when this happens, but then what? They're still deplatformed. These folks with massive followings and no place to call home can easily recommend their consumers power up some Hive. These creators can have their own community, and their own Hive Engine token as well. So the money comes in from their adoring fans, creates a revenue stream for the creator and also guarantees they have a platform forever. Now, not only is the consumer supporting their favorite online persona, but also investing to guarantee that persona has a platform, forever.

If you had a quarter million fans and asked for a dollar donation from each to stay afloat, you might make a quarter million dollars. If you explained to these people how Hive works, tens of thousands of those people might be willing to spend $20, $50, $100. The money isn't in your pocket, it's still in theirs; still set to earn. Of course the goal isn't to earn more and more with each individual post, the goal is create demand for the tokens here, pushing their values up over time, consistently. Thousands of creators with millions of fans can do that, and guarantee a future together. Fans take part ownership in the content they like. Fans become the investors this Hive platform can't seem to find. That's the main point I should be driving home.

As you can see though, my head continuously explodes when I go off on this tangent. What seems to make so much sense in my mind becomes all jumbled up and rambly when I try to put it into words.

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As you can see though, my head continuously explodes when I go off on this tangent. What seems to make so much sense in my mind becomes all jumbled up and rambly when I try to put it into words.
Ya I'm the same way.

Ya it makes a lot of sense. Maybe have a HBO style front end that teaches users the value add. "Support your fav creator with Hive" and have a buy button right there. Make the UI slick and the upvote fancy. And memes and NFTs and you have a whole new way to interact with content creators. The same can be said for content producers, power up hive, upvote some comments of your loyal supporters, grow organically. Hold contest etc.

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I see a single entity (like an online magazine with a few contributors, popular vlogger/video channel, musician) setting up a community and their own token. I see their consumers flocking to the content, as they would anywhere else. These consumers are spending time and money, engaging, rewarding each other while also supporting the creators. These consumers are staking tokens for the sole purpose of supporting who they want, so I would automate the vote, that option should come standard with the UI. They should have the option to be able to drop the weight of all 10 votes in one shot, so if someone does drop a 20 into Hive, it doesn't take 20 years to end up in the creator's wallet. I don't want to see the consumer's spending habits change. They're always throwing money at content now, a few times per year, little bit here and there. This time, instead of throwing it away, burning through their stacks, they're actually doing something productive with it, and their time as well. Some are quite loyal on Youtube, always leaving comments. The creators sometimes leave a lame ass heart next to those, showing their appreciation. The commentator loves it, feels special, over a heart. A lame ass heart. That could have been an upvote. A fraction of a Hive token earned, combined with the creator's token, that can be redeemed for discounts on merch, exclusive content, etc.

I cringe any time I see one of these deplatformed types and even those producing content without issues asking for donations. If that dude I mentioned managed to pool together a quarter million worth of staked Hive, and with a rising token value and skin in the game, he'd be setting himself up to earn far more over time, without the help of current stakeholders. Thousands of content producers and millions of consumers working together in this fashion... that's kind of where I thought we'd be by now. The big names have been showing up over the years and not one ever brought a paying following with them. Instead they litter their content over a gazillion platforms and scrape off pennies from the floor. Their consumers aren't even a part of their thought process in some cases. They don't even need them in some cases, like the dude I mentioned, who rarely even gets a comment under his work here. That's what happens though when the platform is marketed as a place to get paid. You get used and abused.

Fucking rambling again. LOL!

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It seems that the content creator follows an inefficient model. It's like you have 5 rocks, one being gold, and you jump lump them all together and sell for a much marked down price. Creators never had anything like steem/hive before, so it does take awhile to click. For me it took a long time to click and it's still clicking.

We got sidetracked a bit due to bidbots, it went from tipping creators with your stake to tipping yourself with your stake. But with the new EIP, vote selling isnt a thing and we are seeing people vote other people, for better or worse.

It would be really cool to have a "curator" style front end that put the emphasis on the vision you laid out.

I'm curious, and I know you're prob tired of hearing of "tweaks" but as a content creator, how do you like the current voting system. Talks of doing what Leo did and moving to a flat curation extended window. This way, lets say a very popular author comes over and explains hive gets users to power up etc. Now he is getting a lot of auto votes, but the curators are competing so much they are voting at 3mins and ruining curations rewards for all. I think the flat curation could solve the getting shafted crackhead feeling.

I'm at a place where I'm not looking to tweak "layer 1" that much, more so moving to a new frontier called layer 2. But before I completely get my focus off of layer 1 I'd like at least one last community effort to see what can be improved. The EIP really changed this place forever, and that was really the first main community-oriented change outside of INC back in the day. I'd like to take what we learned and see if we can do it one more time as a community.

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The problem with total freedom is when you give it to someone, they don't know what to do with it. Early on a few things clicked for me, then the thoughts morphed into something tuned, still with room to improve.

  • Bidbots were a disaster.

When it comes to voting, for one, I don't want to be penalized when upvoting comments. I held on to these tokens because I saw the benefits of catering to consumers early on. Drinks are free at my place. I thought there'd be a lot of competition, so offering perks to consumers would be necessary. That would lead to a positive feedback loop where other creators see and ensure they too have tokens staked in order to be competitive. Should have led to more with skin in the game resulting in less selling pressure, protecting my investment. I've never been a fan of this five minute window nonsense and the penalties. I was all for the 50/50 split because it was offering consumers more. Leo is probably taking the right stance. But as a content creator with skin in the game, voting and supporting other creators should be the last of my personal responsibilities. Can't play every position on the field all at the same time. Those going around acting like drunk referees, downvoting creators because they didn't go out and downvote, that was obnoxious behavior. Free downvotes were introduced because instances of actual abuse were running rampant and nobody wanted to do anything about it, or it cost them money. They were not to be used to place salary caps on honest creators. More on that here.

The EIP has yet to mature. Much of that has to do with Sun's interference. Many of the positive changes required more people in the mix in order to be able to see the full potential. The only problem I have now with changes is the common trend where things are changed then not pushed out to the general public to see if it worked. Improvements or the new direction isn't marketed. Instead the community shrinks, people panic, then start messing with the knobs again. The most important step is always skipped, and that's bringing the masses here. Of course, any time I say "attract more people", many automatically assume I'm talking about content creators. I swear, any time I say, "We need to attract more consumers," I'm met with, "You're right! We need to attract more creators!"

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(Edited)

I appreciate you bringing this post to my attention, because it's a great post as far as it goes. Since it focuses on financial matters and business, that's as far as it goes, however.

That's not the most valuable feature of society. Folks don't go for a walk with the dog because it's the best way to get paid, in the long run nor this quarter. They don't eat chicken dinner because it makes them a winner. Society is vastly more important than the economy that naturally arises when societies form.

Economies are vital to societies, but they are not the source of societies, or the most important features of societies.

Hive is a society, not a business. So, I do appreciate your business interests, but feel this kind of discussion fails to address the most vital features upon which Hive dangles, which aren't financial at all.

Censorship brought both you and I here, not money. Free speech isn't money, but is far more valuable. Censorship has dramatically increased it's reach and deepened it's impact IRL in the last month, and it's being used now to crush competing platforms that have been benefiting from the suicidal bannings and censorship Big Tech has afflicted itself with. At least I read a headline from WAM to that effect today.

I expected this, and expect more of it.

Censorship can be imposed on 3Speak and Hive from without. You are highly focused on Layer 2 and Layer 1 specialization, and rightly so, but ignore Layer 0 at your peril. If folks can't get to 3Speak or Hive because of externally imposed censorship through ISPs, Domain registrars, backbone providers, and etc., or cannot flow fiat into our platforms because of Visa and payment processors censoring them, no layers above Layer 0 will matter in the least.

Censorship is going to increase it's reach and breadth. It's not going to be limited to the Big Tech platforms but will be consequentially and nominally applied to their competitors, with as fatal impact as can be managed. That means Hive, Peakd, and 3Speak will be dealt with eventually, as Josh Sigurdson said BitChute is now. Dlive and more popular platforms will be next, but they'll get to us.

I have long advocated mesh networks, or some mechanism that enables folks to route around ISPs, Domain registrars, Cloudflare, payment processors, and etc. Without it, without ensuring people can actually access the internet usefully, no matter how decentralized and censorship resistant Hive and 3Speak are internally, they won't survive Big Tech censorship.

They won't even exist to people that want to consume content there, people like you and me that seek censorship free speech. Everyone that seeks to do business outside of the Big Tech platforms at all will soon be highly motivated to ally with first movers implementing nominal solutions if BitChute falls.

The writing is on the wall.

Thanks!

Edit: I no sooner posted this than I found this when I checked my email:

"Gab’s in-house infrastructure continues to grow. Eventually we hope to explore offering this free speech infrastructure to other free speech software startups and media companies.

"The vision for Gab is much bigger than just building an alternative social network.

"We are building an alternative online economy. An alternative hosting infrastructure. For all intents and purposes: an alternative internet. One that is grounded in the Christian, Western, and American value of free speech.

"Free speech is the bedrock of society, progress, and innovation.

"It must be relentlessly preserved and defended at all costs."

Allies are forming up. Now is the time to multiply the time and effort that can be deployed to ensure Layer 0 can continue to create a suitable environment for dependent ecosystems.

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This might sound ridiculous and I'll admit, it's coming straight off the top of my head.

I think the easiest (it won't be easy) way to defend ourselves from the nannies over at big tech, is to become big tech.

Big tech makes a lot of money. It doesn't stop at the 45% cut Youtube/Google takes home. When you tip on that platform, Google takes 30%. Twitch is 50/50 as well. These hefty percentages are common everywhere.

One of the easiest (it won't be easy) ways to become big tech is to dip into big tech's pockets, or turn them upside down and shake them. Take their money.

There's no rulebook dictating once you become big tech, you must adhere to the current big tech value system. Attempting to make a metric shit-ton of money here by utilizing business as a tool does not take anything away from our freedom to openly express ourselves.

The internet is a road. On Hive, we make cars. Since the first automobiles, the gas guzzlers did everything in their power to censor the electrified, keeping them off the roads for decades. Musk did not say, "Screw it. I'll just build my own roads."

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(Edited)

I appreciate the substantive reply. I have to note that the technocrats more value control than quarterlies though. I am skeptical it's even possible to grab onto the national bank money conjuring train from where we are, and that's really the only way to compete with Big Tech AFAIK.

"...turn them upside down and shake them. Take their money."

The Bannening is basically Big Tech hanging itself upside down and demanding BitChute take their money, which is why I expect them to slaughter BitChute and us to prevent that market share from falling out of their pockets into our wallets.

"Musk did not say, "Screw it. I'll just build my own roads."

He literally did.

https://www.boringcompany.com/

Even if Musk isn't relevant (if he's a technocrat larping as a rebel/controlled opposition) the constriction of speech ongoing through technocrat collusion, and considering the national bank money conjuration scheme, leaves folks with only the two choices of subjugation or evolution of off label piggy backing onto extant infrastructure to route around centralized control until/if backbone and onramps can be independently provided.

I still haven't had time to verify WAM's assertion that BitChute is on the chopping block, but I am pretty certain that's the only way forward for technocracy. They're not going to just kick dissent off their proprietary platforms and allow competition to flourish on their proprietary internet. They pretty clearly want us locked in and under their thumb, and hemorrhage money today to do it.

The globalist reset is incepting. We need back roads or we're gonna be left with the toll roads they control. Even TCP/IP over pirate ham radio is better than having to accept technocrat censorship and blacklisting of antivaxxers without ID2020.

I am wondering if TCP/IP over smoke signals is possible. Maybe I'm too cynical?

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This post was more recent, again talking about consumers. I don't think many saw this one. Every time I start thinking about changes and tweaks, I look at what we have, what might be coming, and what's missing. What we have depends on consumers, what's coming depends on consumers, and what we're missing are consumers.

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(Edited)

Shifting to a linear curve makes sense in that it doesn't disproportionally favor large accounts, which is how the voting system works currently. We want the smallest accounts to feel like their vote matters to get them hooked and keep them hooked. Plus I would vote for getting rid of any sort of voting window on a post, which is exactly the way LEO is doing things. It doesn't matter when you vote, you get half your vote and the author gets the rest. It prevents autovote piling and lets people vote more on the things they like. It's more akin to a tipping system. The drawback to this change is more potential for vote selling. Also, I think we need to change the powerdown period to 4 weeks instead of 13. Also also, the DAO needs an overhaul with some kind of checks and balance system put in place. Or, at the very least we should be able to downvote proposals we don't think should be getting funded. Also also also, we should expand the top 20 witnesses to something larger in order to further decentralize things, a nice round number like 100 for example, at the least.

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Well put!

They will power up Hive because now that money is not gone forever into the entertainment industry.

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The consumer can have majority (hopefully more) of their money back when the creator retires, dies, or gets drunk and flies off the handle. The donations and tips we see being passed around these days, that's the consumer wasting their money, throwing it away, when compared to Hive's business model. Special interest groups and boardroom meetings have no say in whether or not an individual gets demontized or deplatformed. That decision boils down to the consumers, acting as investors. If they lose confidence, they can get out before the business (all content creators online are businesses) runs itself into the ground.

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(Edited)

Emphasis on the gets drunk and flies off the rails lol

How can hive run itself into the ground worse than the government of Canada?

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