Welcome all to the trendiest cryptocurrency with a market cap of approximately 1/10 of reddit, with 1/10000 of the users.
That gap is filled with excitement about this platform (through the roof excitement).
At the same time I think we've all got worries about this platform, too. I wanted to make a place where those concerns could be voiced, so I will try to curate a list. Place and upvote comments below to fill out the list. (Or, post your own in #steemit-potential).
Without further ado, I present you our plights:
Steemit minnow
- content, navigation to good content
- fairness of rewards
- UI; lack of substeemit, follow, notifications, private messages;
- trending=whale-upvoted
- advertising through greater mixtures of affiliate marketing and content creation
Steemit investor and Steemit whale
- illiquidity of steem power
- SBD vs. high inflationary instruments (e.g. leveraged positions)
- copy-cats / reddit gold / yours
- security
- traffic
Steemit developers
- attacks - DDoS, script insertion (solved)
- liquidity incentive attacks (disabled)
- ... (https://github.com/steemit/steem/issues)
Social media giants
- Steem as competition
Advertiser
- having to share profit with content creators
Previous posts
https://steemit.com/voting/@jcweiss/what-is-the-gini-coefficient-of-steemit
https://steemit.com/steemit/@jcweiss/steemit-multiple-choice-questions-introduction
https://steemit.com/steemit/@jcweiss/game-theory-introductory-q
https://steemit.com/multiplechoice/@jcweiss/machine-learning-probability-model-question