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RE: Would Steem benefit from a Bitconnect style referral program?
A pure Pyramid Scheme model is not necessary, since people are already incentivized to recruit their followers and acquaintants because these people are more likely to upvote, resteem and follow their posts.
Such a pure pyramid scheme will only make multiple accounts per user even more beneficial than now.
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Exactly. steemit should be promoted more like a hybrid between a New York Times and Instagram. It's quality+social media experience. Imagine what would happen if YouTube started MLM. YouTube will be infested with poor quality videos.
You replied to me, but few might comprehend your reply, and I am not among them.
"Exactly. steemit should be promoted more like a hybrid between a New York Times and Instagram. It's quality+social media experience. Imagine what would happen if YouTube started MLM. YouTube will be infested with poor quality videos."
Every sentence excepting the first word consists of assumptions or facts I can not guess.
I'll take this slow. What's the primary value of steemit? What function does it serve? IMHO it's about producing and sharing quality content like a well established magazine but done in a decentralized fashion that cannot be censored. There is the added benefit of social interaction.
Think YouTube. YouTubers create content that the rest of the world would consider valueble. But unlike an old magazine, they can interact with the fans. Steemit takes this to the nest level. YouTube comments are simple minded and rarely has depth. But steemit can take these audience interaction to a college level debate.
Each steemian is like their own news site/magazine just like Dash try to make every user their own bank. Steemit has the added benefit of creating and interacting with the fanbase like say..... Instagram. So combine a publisher and a social media influencer and you get the perfect steemian.
For the last bit: Just think YouTube rewarded people to get other people to post stuff on YouTube. That'll be a disaster.
Hopefully I made myself clear :-)
Feel free to ask further questions and check out my blog if you like.
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