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RE: Late night drive
On the note of investing in Steem, I do think the amount of life investment made in the potential here will have been worth it even if it never moons.
What I find strange is how people do the same thing on other platforms for free, and then complain about the conditions here. I think that the conversations here are more compelling to engage with than those on the other platforms as they have real world repercussions and could affect the way many things are managed in the future.
True. Money messes with people's minds. It's why retailers have gotten in trouble for marking up prices on things only to mark them at a "discount". Value is so much about perception. If you tell people they can make money posting on Steem, their expectations are set. They are going to keep checking their wallet and listening for that clink-clink-clink-clink slot machine sound.
But if we tell people to invest their time regularly here to build a nest egg that can one day, potentially, pay them a living wage or support them in retirement, then we can hopefully set the expectation that this is a long-term investment. Of course, that message requires patience and the ability to look toward the future, and a lot of people are not made that way.
In Australia this is illegal and is met with fines. Not sure about everywhere though.
This is what people need to remember when it comes to user retention, most came in at the highs holding even higher expectations. A long bear market shook them off.
One of my arguments with young people today is their unwillingness to look long and while youth is part of the issue, people forget that it wasn't so long ago that youths worked from a much younger age and grew up a lot faster. These days it is people in their thirties still considering themselves young. Economically, they are in for a rough time.