HomeAnswerNotificationsCustomize Feeds
HOMEโ†’QUESTION
Will Steemit users be the wealthiest people in the world?
$0.03
4 ANSWERS

No! I don't think so. " wealthiest" is a strong word but let me tackle this one using simple math. :)

Assuming one has 1,000,000 Steem and the price of Steem increases in the next few years to what once the highest price reached by BTC of $20,000.

1,000,000 x $20,000 = $20,000,000,000

That's $20 Billion! A lot of money indeed but let us not forget the net worth of the current Top 10 wealthiest people in the world. As of January 2018:

Not even on the Top 10! And we have been too generous in our example above of owning at least A Million STEEM to begin with. So yeah! I don't think so.ย 

Steem Users however will probably be living in a stress-free and possibly a little laid-back and extravagant lifestyle after we go moon! Go Steem! :)

$0.98
Reply
The answer is a Yes and No. Let me explain my reasons for saying No. Some Steemit Users might not be the wealthiest in the world but they can be the happiest in the world. Steemit is a decentralized social media platform which enables you to share your content and get rewarded for it. This means you are happy whenever you do what you love doing while the rewards you gain is just an addition for your effort. I have known of many people who quit Steemit saying "Steemit is difficult to earn". The kind of people with this mindset came here for money. Some people are blindfolded with the money they wish to earn which makes them delve into niche they don't love or lack the knowledge. Sometimes, you maybe fortunate to start earning little cash on Steemit based on your effort but that doesn't makes you the wealthiest. You can be one of the most wealthy people in the world through Steemit. But the best way to achieve this is by investing in Steemit. You have to to put in something to get something. This is also applicable to the whales on Steemit because most of them invested more into Steemit as an early adopter which enables them earn huge payout. With the use of Steemit, you can make use millions of money provided you know how to "think outside the box". I will show you some little ways of achieving that. 1)POSTING MORE THAN ONCE PER DAY: As a whale, you are able to make the least value of $1 whenever you upvote your post. But most whales earn more than that for self upvote. Whales love supporting each other which enables them to earn big on Steemit. Apart from that, you can make use of bots and the help of others to help you resteem and upvote your post. This adds to more traffic to the post and helps you generate more income close to maybe "minium of $100. You were able to achieve this with just a post, what do you think will happen if you continue posting like 7 or 10 posts per day? I am sure you know what will happen ๐Ÿ˜๐Ÿ™Œ๐Ÿ˜€. The second method is to build a website on steem blockchain. You can earn more money from this. There are many whales who took part in this process such as surpassinggoogle who created ulogs.org and steemgigs. Other sites includes musing, busy.org, steennow, steepshot, etc. The more the large amounts of Steemit Users visits your website, the more you generate more traffic to the site which increases your income. You also get cool reward when you publish an article about it on Steemit using steem hunt if you wish. Sometimes, you may get lucky to know few whales on Steemit who can help you to attain success by upvoting and supporting you. I conclude by "Take part in what you love doing and never give up on. You are close to be successful. Do not be discouraged about how some people make it here on Steemit. Always have hope in yourself and never give up. Keep producing quality content and keep supporting others." Thanks for reading.
$0.76
Reply
1 Comment

I don't think that user of any network can be the wealthiest people. If someone going to be the richest person that would be the owners of that network.

So Steemit users will not be the wealthiest people because by simply blogging one can't get enough money to be the riches. However, with some investment one can be rich enough to earn a good amount money.ย 

$0.00
Reply

Steemit isn't a "get ย rich scheme" so I am going to say no. Maybe steemit users will be the happiest people in the world not be bogged down by YouTube admaggedons and Facebook surveillance/post manipulation.

$0.00
Reply