The end of Facebook and Twitter? Indie Journos think so.

Submitted by Battle of Blair... on Mon, 01/29/2018 - 5:36pm

Lee Camp, Caitlin Johnstone, Elizabeth Lea Vos and others are flocking to Steemit.

https://steemit.com/steemit/@suzi3d/lee-camp-is-joining-steemit-and-he-s-not-the-only-one-indy-journos-flocking-to-this-platform

Lee obviously has a massive audience, well over a quarter million people just on Facebook alone, but the corporate platforms have been mercilessly censoring his work, as they have with all of us. So us indy journalists are fighting back by encouraging all our readers, viewers and everyone in our network to open accounts and engage with us here on Steemit going forward.

This obviously spells great things for everyone who holds SBD (Steem Dollars) and who has patiently built the foundations of this platform that we are now all enjoying.

Nope - no one paid me or told me to run around recruiting people to Steemit - I am doing it purely because having now used this platform, I truly believe it is the Facebook killer. Goodbye censorship, goodbye giving our data away for free, goodbye manipulated timelines, goodbye paid advertising, hello content that we all love and enjoy, with an equal playing field for sharing and promotion.

Technology keeps changing the rules of the game. Just when the 1%ers think they have reestablished control of the park, life finds a way.

Tags:

#Steemit

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Comments

Submitted by divineorder on Mon, 01/29/2018 - 5:50pm

Interesting. The next big thang, or a Ponzi?

Thanks for pointing back to this.

Had read part of Caitlin's post on FB about it but not finished.

What is Steemit? It's Facebook on the blockchain with NO CENSORSHIP, no timeline manipulation, an inbuilt You Tube, and you get paid for every single comment, like and post.

Anyone who wants help with setting up a Steemit account - DM me and I will personally help you do it.

— Suzie Dawson (@Suzi3D) January 29, 2018

###

https://en.wikipedia.org/wiki/Steemit

Usage and media coverage

As of Nov 2017, there are more than 450,000 Steem accounts.[10] After an initial public beta for which no payments were made, the hard fork on July 4th, 2016, saw $1,300,000 of STEEM and Steem Dollars paid out to Steemit users.[11] According to company reports, since October 2017, $30 million were paid out to over 50.000 users.[12]

The exchange rate of STEEM compared to Bitcoin rose continuously during July 2016, peaking at a price of over 4 US dollars.[4] 20th of July 2016, Steem had a first notable peak of market capitalization with about 405 million US dollars.[13] As of December 16th, 2017, its market cap is 525 million US dollars.

Steemit was described as a novel and "disruptive blockchain-based media community" by Adam Hayes (Investopedia) in July 2016.[4] It got media coverage in cryptocurrency- and business-related media.[14][15] Author Neil Strauss, a Steemit member, wrote an article for Rolling Stone calling its reward distribution "particularly clever" and echoing the sentiment of its disruptive potential.[16]

Andrew McMillen explained in Wired Steemit's function being rooted in transparency with every vote and transfer being viewable to the public from upvotes on posts to wallet transfers. Unlike most digital currencies which are difficult to access for the majority of the world without any money to invest, Steem removes the friction for the average person to join in the cryptocurrency world by allowing earnings via posting without needing to buy in first.[12]

Criticism

Joe Lee, co-founder and CIO of digital currency trading platform Magnr, told CoinDesk.

"Whether Steem succeeds as a digital currency will be more a reflection of Steemit’s success as a platform as opposed to the economics of the coin itself. This is a good example of a digital currency whose value will be closely affiliated to its utilitarian value as a social networking and sharing platform."[17]

“I’m skeptical about 'appcoins'/'appchains,' and Steem is very much one,” stated algorithmic trader Jacob Eliosoff.[17]

DecentralizeToday had an article published giving an overview of the platform and blockchain pointing out how the developers consciously relaunched the currency to assure centralization, even quoting Tone Vays calling the system a Ponzi Scheme [18]

—

A truth of the nuclear age/climate change: we can no longer have endless war and survive on this planet. Oh sh*t.

Submitted by Pluto's Republic on Mon, 01/29/2018 - 7:42pm

Those are some helpful reference points, DO

@divineorder

I think it's great that there is a migration to Steemit, led by this particular group of influential writers from the long-censored and silenced Left in the US. (Not to be confused with the Centrist-Right Democratic Party.) This story offers a very good example of the social utility of crypto-currencies that we early adopters try to talk about:

"Whether Steem succeeds as a digital currency will be more a reflection of Steemit’s success as a platform as opposed to the economics of the coin itself. This is a good example of a digital currency whose value will be closely affiliated to its utilitarian value as a social networking and sharing platform."

Because, when you think about it, hasn't politics always been a crowdsourced, crowdfunded endeavor? The block chain system actually has the potential to bring a functioning democracy to the US for the first time. Never has "disruption" been so needed.

Of course, Steemit's topic range is certainly not limited to the political. But the political machinations in government should perhaps be limited to this type of public domain. It's a disgrace that the public must pick up the tab for their backroom deals and kickbacks to each other. This is another way to leash that bad boy.

In any event, in an environment like Steemit, members of the public would also get paid for bitching about the corruption and using open-source intelligence to expose it — and then, talking truth to power. It's the best way to snip the bonds of censorship — and keep them snipped. Otherwise, the Left is on the fast track to being silenced for good.

Thanks for pointing back to this. Had read part of Caitlin's post on FB about it but not finished. What is Steemit? It's Facebook on the blockchain with NO CENSORSHIP, no timeline manipulation, an inbuilt You Tube, and you get paid for every single comment, like and post. Anyone who wants help with setting up a Steemit account - DM me and I will personally help you do it. — Suzie Dawson (@Suzi3D) January 29, 2018 ### https://en.wikipedia.org/wiki/Steemit Usage and media coverage As of Nov 2017, there are more than 450,000 Steem accounts.[10] After an initial public beta for which no payments were made, the hard fork on July 4th, 2016, saw $1,300,000 of STEEM and Steem Dollars paid out to Steemit users.[11] According to company reports, since October 2017, $30 million were paid out to over 50.000 users.[12] The exchange rate of STEEM compared to Bitcoin rose continuously during July 2016, peaking at a price of over 4 US dollars.[4] 20th of July 2016, Steem had a first notable peak of market capitalization with about 405 million US dollars.[13] As of December 16th, 2017, its market cap is 525 million US dollars. Steemit was described as a novel and "disruptive blockchain-based media community" by Adam Hayes (Investopedia) in July 2016.[4] It got media coverage in cryptocurrency- and business-related media.[14][15] Author Neil Strauss, a Steemit member, wrote an article for Rolling Stone calling its reward distribution "particularly clever" and echoing the sentiment of its disruptive potential.[16] Andrew McMillen explained in Wired Steemit's function being rooted in transparency with every vote and transfer being viewable to the public from upvotes on posts to wallet transfers. Unlike most digital currencies which are difficult to access for the majority of the world without any money to invest, Steem removes the friction for the average person to join in the cryptocurrency world by allowing earnings via posting without needing to buy in first.[12] Criticism Joe Lee, co-founder and CIO of digital currency trading platform Magnr, told CoinDesk. "Whether Steem succeeds as a digital currency will be more a reflection of Steemit’s success as a platform as opposed to the economics of the coin itself. This is a good example of a digital currency whose value will be closely affiliated to its utilitarian value as a social networking and sharing platform."[17] “I’m skeptical about 'appcoins'/'appchains,' and Steem is very much one,” stated algorithmic trader Jacob Eliosoff.[17] DecentralizeToday had an article published giving an overview of the platform and blockchain pointing out how the developers consciously relaunched the currency to assure centralization, even quoting Tone Vays calling the system a Ponzi Scheme [18]

—

Carry a burning candle and share the light.

Submitted by riverlover on Mon, 01/29/2018 - 8:15pm

I have mixed feelings about the migration;

further about more Monopoly money. I am unsure if their posts are being blocked on FB for me. Zuck seems to have read my game. I am still mildly subversive there but recently I have been blocked. Medium wasn't decent?

—

Hey! my dear friends or soon-to-be's, JtC could use the donations to keep this site functioning for those of us who can still see the life preserver or flotsam in the water.

Submitted by Battle of Blair... on Mon, 01/29/2018 - 8:32pm

The money aspect is irrelevant to me.

The important part of Steemit is it's uncensored. It's an alternative to the Unholy Trio of FB, Twitter and Youtube. It's not being manipulated. The CIA doesn't control it.

Hell, the money aspect is totally meaningless to me. If someone makes a buck posting, yay. If not, still yay. Just so long as it kills the Unholy Trio.

For Google we have Duckduckgo.

Submitted by Wink on Mon, 01/29/2018 - 8:48pm

Won't come close to

toppling FB. Twitter maybe.
But it ain't just indie journos that use FB.
Everybody does.
@Battle of Blair Mountain

—

the little things you can do are more valuable than the giant things you can't! - @thanatokephaloides. On Twitter @wink1radio. (-2.1) All about building progressive media.

Submitted by earthling1 on Mon, 01/29/2018 - 10:20pm

Not everybody uses FB

@Wink
Not everybody uses Twit. Some of us will just wait until something less invasive to come along and Steemit might just be it.
We have to break their backs somehow.

—

Neither Russia nor China is our enemy.
Neither Iran nor Venezuela are threatening America.
Cuba is a dead horse, stop beating it.

Submitted by riverlover on Tue, 01/30/2018 - 8:24am

Not a twit or instagram person here

@earthling1 PTB is doing a pushback. We shall squiggle under however.

—

Hey! my dear friends or soon-to-be's, JtC could use the donations to keep this site functioning for those of us who can still see the life preserver or flotsam in the water.

Submitted by Wink on Tue, 01/30/2018 - 11:45am

If you follow a

particular something - like a
sports team or politician or issue -
Twitter is pretty good at keeping you up to date.
@riverlover
Otherwise, not so much.

—

the little things you can do are more valuable than the giant things you can't! - @thanatokephaloides. On Twitter @wink1radio. (-2.1) All about building progressive media.

Submitted by Wink on Tue, 01/30/2018 - 11:41am

Oh, I don't disagree.

I use FB as little as possible, mostly to keep up with what all "my" Bernie groups and NY-21 groups are up to, without which, without FB, we'd all be in the dark.
@earthling1
There's no doubt that FB is more than invasive, mostly evil, but until another connectivity platform comes along...
And maybe Steemit will be that. FWIW I signed up to take a look.

—

the little things you can do are more valuable than the giant things you can't! - @thanatokephaloides. On Twitter @wink1radio. (-2.1) All about building progressive media.

Submitted by earthling1 on Tue, 01/30/2018 - 11:49am

I too will take a look

@Wink

I do hope there is a lot of crossposting from there. I would hate for that site to be the only place to access Johnstone, Camp, et al.
The screws are being turned. And just as I suspected, very slow and subtle, so as to hide the censorship from us plebes.

—

Neither Russia nor China is our enemy.
Neither Iran nor Venezuela are threatening America.
Cuba is a dead horse, stop beating it.

Submitted by eyo on Tue, 01/30/2018 - 6:55am

How do you calculate the allocation of Dollars and Power?

LOL! Please please do proceed full steem ahead! Make P.T. Barnum proud.
A Conversation with Ned Scott, CEO of Steemit

CR: How do you calculate the allocation of Dollars and Power? What factors do you consider?

NS: Steem allocates rewards at a set rate with specific rules. In the eyes of the contributors, Steem rewards are distributed daily to posters and voters who participated in creating or finding positive content. The most highly ranked posts earn the largest rewards. Steem rewards are allocated as 50 percent Steem Dollars (SMD) and 50 percent Steem Power (SP).

blockchain society
new algorithms rule

Submitted by wetterau on Tue, 01/30/2018 - 11:24am

steemit

I'm in. It's a rowdy expanding universe with room for many different groups and interests. It is uncontrollable by the state or any individual or group, short of making participation illegal and prosecuting any attempt to access the community. Paid trolls will be less effective, as posters will control which comments remain displayed with a given post (the comments not displayed will be preserved elsewhere). See you there, I hope.

Submitted by Ellen North on Tue, 01/30/2018 - 9:33pm

That figures - I can't join

That figures - I can't join Steemit because they insist they be able to text you. A LOT of us Poors don't have phones, yet a number of places just shut us out... I wouldn't have internet if I couldn't ride on my roommate's wireless...

Edit: oh, well, I can presumably read Lee Camp and whoever on there and it will be good experience for me in keeping my typing fingers shut, lol. Great that there is an alternative where at least site censorship won't be in play.

—

Psychopathy is not a political position, whether labeled 'conservatism', 'centrism' or 'left'.

A tin labeled 'coffee' may be a can of worms or pathology identified by a lack of empathy/willingness to harm others to achieve personal desires.

Submitted by eyo on Wed, 01/31/2018 - 4:55am

One more walled garden, just what the world needs

@Ellen North thanks. Imagine that classic art piece inside my head, "The Scream". Going on two decades now, watching carnival barkers build rentier machines, for the CEO pay! Never forget the C-Suite. lol

Yet another silo. aaaaaaah!

thanks wikipedia

P.S. Everyone knows Microsoft has become Platinum member of The Linux Foundation, right? Haha I don't know exactly what they call the color of their money contributions, nenni ekki.

shark jump