I believe in Steem and the community that has built up around it.
During the 2016 US presidential election I realized just how important it is to establish a censorship-proof social media site in order to combat propaganda and misinformation. It doesn't matter what corner of the political spectrum a person hails from, eventually they may find themselves facing the barrel of censorship at the hands of large centralized corporate media structures, and when they do, they are going to flock to platforms like Steemit.com and Minds.com.
In order to retain my right to be well informed, I have migrated to Steemit. If it was only a censorship resistant blog, I would be thrilled, but as I am discovering, there is so much more to it, thanks to the ability to automatically monetize content as well as selflessly help others by curating our content. And there is a huge variety of rich, informative, and original content thanks to these benefits.
Because of how amazing steemit is, I have decided to invest in it. I'm PoweringUp with every PayCheck from now on!!
The Steem Blockchain is a Network, and the Value of a Network is Exponentially increased by every new active user
This even includes the cryptocurrency created and backed by the network, at least in theory.
Metcalfe's law states that the value of a telecommunications network is proportional to the square of the number of connected users of the system (n2). First formulated in this form by George Gilder in 1993,[1] and attributed to Robert Metcalfe in regard to Ethernet, Metcalfe's law was originally presented, c. 1980, not in terms of users, but rather of "compatible communicating devices" (for example, fax machines, telephones, etc.).[2] Only later with the globalization of the Internet did this law carry over to users and networks as its original intent was to describe Ethernet purchases and connections.[3] The law is also very much related to economics and business management, especially with competitive companies looking to merge with one another.
Metcalfe's Law is ofcourse speaking of telecommunications networks, but the theory can be applies to almost any network. Especially Social Media and Monetary Systems!
As investors in the steem network, I believe it should be the mission of the community to expand the network and speed up adoption of this system. This isnt important on just a monetary level either. As I said earlier, Steem is censorship resistant, and as such the benefits of mainstream adoption extend Far Beyond just monetization, this is a robust network that will allow the voice of Regular people as well as Reporters to inform the public.
BTCC.com, and Expanding The Network: Only 6 Hours Left!
BTCC.com is a Hong Kong based Cryptocurrency exchange gateway, and they are holding a poll to choose a new crypto to list on their exchange.
VOTE FOR STEEM!!
If Steem is listed on a Fiat/Crypto gateway, it will open the doors for a huge expansion of the community. The entire population of users on BTCC will see Steem, and many of them will research the blockchain in order to invest in it.
This would both drive the value of steem higher and create a steady stream of new members of the community. It would also pressure other gateways such as Coinbase to consider listing Steem or speeding up their efforts on their Lawnmower CryptoExchange App.
Expand The Network
Invite your Friends, convince your coworkers, and get your family setup with Steemit. The fastest way to increase the value of the network is to increase awareness, pure and simple. Steem will sell itself to people once they are exposed to it. So far I've managed to convince a few friends to join the network as well as a coworker today who said he was excited about it when I was talking to him.
I have a massive facebook network of 5 thousand friends as well as over 5k followers combined from my profile and my page, and I have been pushing people on their to migrate to more censorship resistant sites, and while I have no Idea if any of them joined, at least I planted that seed in their mind. As crypto's move into mainstream adoption, that seed will sprout.
Steem could be their entrance into the Crypto World, and who could ask for a more well-rounded and informed community!
About Me
My name is James Halladay, and I've been a member of the Steemit Community Since November.
I'm an up and coming new blogger, but I hope to be regularly talking about whatever I am feeling passionate about on this great platform.
Please follow me/upvote if you like this post, and check me out on other social media sites.
Minds: @Envy112
Facebook: James Halladay, @JamesECHalladay
Twitter: @JamesECHalladay
Instagram: JamesHalladay