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#steem

Steem earnings, Flipping burgers and Medium shillers

I once wrote a piece some two years ago I'd say about what types of weekly average earnings I would need to keep writing. It was more of a thought experiment where I looked at how much work is put in, the value earned and whether I would get more from working and buying Steem instead. I didn't know much about the platform at the time but I still think that way in certain respects.

I know that back then, I wasn't earning nearly enough to cover an hourly wage at the worst paying job in Finland but, I also knew I didn't have to do the worst paying job, I got to write. On top of that, I was writing between 10pm and 6am as I intermittently cared for my sick daughter and wife. Even the worst paying job in Finland can't be done under these conditions. Well, it was a lot of work and paid nothing so perhaps it was the worst paid job in Finland.

Some people of course expect to get paid an adequate amount for their work put in on Steem as if it is a position with a contract and dental care. They say that they could work in a fast food joint for more and buy more Steem than they can get from earning. This is very likely true for 99.9 percent of the accounts on Steem today. So, why don't they?

It is a funny little contradiction as some people complain about not earning enough Steem yet if they were working, they wouldn't risk their own money on buying some Steem.

Umm, I thought you wanted Steem? - Oh, you actually wanted fiat.

The thing with people who say nonsense like working in a burger joint for Steem buying money is, most are not going to and, even if they did, they wouldn't buy Steem with it anyway because, they actually want that sweet, sweet, fiat they crave.

Those who want Steem of course can do the math themselves and this is why many people in the last few months have bought into Steem when it was low because they recognized that not only is there the chance that Steem will go up, the amounts they can get by buying with fiat is going to reduce their workload incredibly over trying to earn it out of the inflation pool through posting, commenting and interaction. The smart ones of course keep interacting to bring down their buy average with every Steem they earn.

For me, I don't have time to work at a burger joint for Steem and I am currently busy working trying to get my debts down. I have managed to buy some Steem along the way though. Lucky me? Meh, I work hard for my fiat and if I want to turn it into a useless cryptocurrency that Steem earners are willing to sell for cheap, that is my business. I work hard for my Steem too.

If I did work at a burger place or the worst paying job in Finland, I would work hard at that also because, I see value in working hard no matter what the value returned to me might be. And if I must have a job to live my life, I will treat that job as if my life depended on it, because it would. On Steem people talk about their economic needs and how their life depends on getting Steem but, are they working as if that is true? Are they working in the "real world" as if that is true? What kind of work will one do to save ones own life?

I don't know about you, but I have been in various forms of economic hardship throughout my life and the only thing that has kept my head above water is the work I have done, not the expectation I should be saved by a government, my family or a crypto platform that I believe promises income. If I was struggling to the point of 'life depends on it' I would not be on Steem for money, I would be getting a real job flipping those burgers or stacking those shelves - whatever it would take.

If Steem was my only option to earn a living, I would be the goddam best model Steem citizen on this platform and there would be no way in hell I wouldn't know how the mechanics worked. If my life depended on something, I wouldn't be assuming and I wouldn't be leaving anything up to chance unless I had no other choice in the matter.

Luckily for me, I live a luxurious life where I get to work 250+ hours a month because to get my debts down to where they have crept through life's luck, it is going to take time. I write for Steem on top of those hours because I see potential in so many ways by holding Steem and Steem Power. Both are currencies on steem, Steem Power is vests that buys access to a proportional amount of the pool.

It is interesting when people complain about the way earning works here yet when having a look at their content, they seem to have no idea about how supply and demand works nor what is interesting at all to the people that they are expecting to grace their posts with a vote. I am unsure if they would be capable of flipping burgers.

I used to work at McDonald's when I was at university. It paid my tuition and allowed me to get a loan on a house that was slowly getting paid off. Other people went out drinking and buying weed with their fast-food money. Choices. I lost the house however as it was sold to relocate my mother and pay for some of her care as she died of cancer. Life happens - as does death.

When it has come to economic luck, I haven't been blessed with fortune especially due to my health but, my plan is that my daughter who already looks like she might have some future complications arise, need not suffer the same fate of parents who did very little for her economic well-being. It isn't likely a good long-term plan for my health but, cancer or getting hit by buses aren't either. While I can't prevent cancer or accidents, I can prepare for not being in a shit position in life, bitter and complaining about how a crypto platform doesn't pay me enough for my work.

Most content on Steem is likely over-rewarded based on what it is but going back to the medium comparison, when I just went to the front page I found this featured story:

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It was posted 8 days ago, is a 21 minute read , has 1.2k "claps" and a massive TEN COMMENTS.

Maybe it was TL:DR? What about this one?

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FIVE COMMENTS

lol. People complain about engagement on Steem.

That is an award winning freelance journalist supposedly and, the senior editor of Medium Tech. Those two people do write for a living and are probably pretty knowledgeable and good enough at it to survive doing it. They also probably earn more than what you get on Steem, so rather than flip burgers you can try your writing hand on Medium to earn there.

Patreon is another place where followers actually pay content creators kind of directly. Have you given it a go if your life depends on posting on the internet for a living? I hope so because I know some people who earn quite okay there. They are experts at what they do though and have also learned how to build and maintain a following. It has taken them years.

There are many options out there on the internet to earn from so, why is it so important to get earnings from the Steem pool?

Well, there is likely not many places online where it is as easy to earn something as most require a professional approach with relevant and adequate skills in both what is created and self-marketing and, many months, if not years to build a large enough audience to be able to monetize it. And as we can see from all of that Medium engagement, it might be a pretty lonely world out there.

Perhaps people need to read this highly engaging post on Medium to break their funk:

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EIGHT COMMENTS

But as they say, if you can help one person....

Oh, I can't look at the comments because I am not going to sign up for that shit, and the only way to read the comments is to have an account there. Again... lol.

This is going to be the difference on Steem in the future and why I think it is a much more lucrative platform than at least most of the others out there. While medium and the like might have the polished content, no one gives a crap about who anyone is, they are all just products to be consumed. On Steem, there are real people and real people engaging and I would probably go out on a limb and say that Steem has paid out more to users than Medium has over the life time.

Here is an article from Medium I will link however if you want to read:

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The first paragraph:

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And... you fucking clueless TOOL. image.png source

TWELVE COMMENTS

If anyone has an account there, maybe they want to comment a link to STEEM.

I am pretty hungry.... Working at a burger joint sounds pretty good right about now.

Taraz [ a Steem original ]

Comments · 22

  • @farizal(64)· 2709d

    I re-steemed even if this post was a week old, but it was something must be spread around so people know that STEEM is better than Medium.

    Posted using Partiko Android

  • @revisesociology(82)· 2715d

    I've always thought Medium looked like a good place to get very little reward for a lot of effort!

    Steem's so much more than a writing platform of course which is a huge strength!

    The capacity for micro-payments on gaming and commentz is something I'm finding increasingly interesting.

    It's a nice way to 'earn', which is impt.

    Maybe you should create a burger flipping game for the blockxhain?

    Posted using Partiko Android

  • @ocdb(77)· 2716d

    You got a 50.98% upvote from @ocdb courtesy of @tarazkp! :)

    @ocdb is a non-profit bidbot for whitelisted Steemians, current max bid is 45 SBD and the equivalent amount in STEEM. Check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our Discord channel for more information.

    If you like what @ocd does, consider voting for ocd-witness through SteemConnect or on the Steemit Witnesses page. :)

  • @steem-ua(64)· 2716d

    Hi @tarazkp!

    Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation! Your UA account score is currently 6.289 which ranks you at #221 across all Steem accounts. Your rank has not changed in the last three days.

    In our last Algorithmic Curation Round, consisting of 181 contributions, your post is ranked at #2. Congratulations!

    Evaluation of your UA score:
    • You've built up a nice network.
    • The readers appreciate your great work!
    • Great user engagement! You rock!

    Feel free to join our @steem-ua Discord server

  • @markkujantunen(77)· 2717d

    I wonder what the equivalent of a downvote could be on Medium. A "slap"? :D

  • @newageinv(74)· 2717d

    Can't stop laughing with that last guy on Medium. Feel kind of bad for him but at least it is not on a blockchain and he can fix or delete it; too late, thanks to you! The reality is that we are at a weird conundrum in that marketing is weak as we build the ecosystem up for users of the future. A new generation that willingly seeks Steem and not fiat for the ecosystem and economy being created. But such is our life thus far as early adopters!

  • @michealb(67)· 2717d

    Edit: good article thanks. To the powers that be let people like me WANT to manually upvote posts such as this. I still think fuck, i'll just read it but why waste my voting manna as i have other commitments.

  • @ryivhnn(73)· 2717d

    Steem and Patreon are hard work though XD (actually it's just the shameless self-promotion part that is hard work as far as I'm concerned and it's why I'm failing at Patreon, considering steem relatively successful in the grand scheme because I talk to a lot more people on here than I have done anywhere else for a while)

    Well I guess steem is hard work when you have unrealistic expectations. But that's been covered before.

    And... you fucking clueless TOOL.

    Harsh O_O

    Also, if you have ever done that steem word bubble thing are "funny" and "interesting" your biggest words? XD

  • @abitcoinskeptic(75)· 2717d

    You nailed it with two main points, Steem is ideal for part timers to add to their income and has good engagement. Most platforms have consumers who need to sign up to do unpaid engagement and unpaid curation. Also for content creators, the entry to making any money is high.

    Steem allows for a normal looking class system and i encourage people to try upward mobility from opening up their non-steem wallets or by using steem.

    If we took medium facebook twitter instagram reddit and steem and drawed up pyramids of income earning including all forms of engagement, steem would be the only one without millions upon millions of unpaid slaves at the base. No don't get me wrong, its not perfect here, but compared with the other sns / blogging comparing it is like comparing a slave plantation to a medieval serfdom.

    Posted using Partiko Android

  • @acidyo(85)· 2717d

    PS. any idea what claps are worth?

  • @acidyo(85)· 2717d

    It is interesting when people complain about the way earning works here yet when having a look at their content, they seem to have no idea about how supply and demand works nor what is interesting at all to the people that they are expecting to grace their posts with a vote. I am unsure if they would be capable of flipping burgers.

    lol this one got me.

    That is an award winning freelance journalist supposedly and, the senior editor of Medium Tech.

    LOL

    wow I wasn't even aware they require people to sign up to read comments, lol. Not to mention the leeway for faking activity that brings - although it doesn't seem like Medium are doing so, lol.

    Also didn't you know everyone online nowadays are crypto enthusiasts who got into bitcoin in 2013?

  • @mattclarke(71)· 2717d

    are they working as if that is true? Are they working in the "real world" as if that is true?

    I am unsure if they would be capable of flipping burgers.

  • @dougbudlong(53)· 2717d

    A theme I have been mulling over and as often is the case- reflected back in comments and posts by others here ( synchronicity / pattern recognition, or whatever)- is: Expectation. No surprise.

    I think that the more tightly one holds onto the mental image- of what they hope to get back from their effort and involvement, the more likely they will fail to recognize opportunity and value in ways that are not promoted or originally assumed. Some pursuits provide indirect benefits while others help to form bridges to new opportunity that may have more noticeable benefit, which might include - perspective.

    Chance for survival is an obvious motivator when in dire need. The rest of the time I think it is every other Possibility that keeps people going. It could make a fool out of me as it has before, but I also know that it is part of being happy. "living" And not taking too many things too seriously.

    How can you enjoy the trip if all you think about is an end result that is sure to differ from a rigid expectation?

  • @soyrosa(75)· 2717d

    I cross-posted an article I wrote on Steem on Medium yesterday. I just checked: it got one clap and one view. I guess that's a 100% upvote clap score?

    Don't know what I overall gained in life though...

  • @eonwarped(70)· 2717d

    Interesting, I didn't even know Medium pays. Looks like it started 2017, and as of 2019, the system in place is still not profitable (and they abandoned ads as a model in general). Interesting state of affairs... But it's also slightly interesting the claps and view time used to distribute a percentage of the monthly subscription. Meanwhile steem has created money seemingly out of thin air...

    Posted using Partiko Android

  • @cryptoandcoffee(85)· 2717d

    What are claps. Is that there reward system coin. Surely they could have chosen a better name. I must admit I am content with whatever comes my way as it is about consistency and rewards tend to increase slowly overtime. I think many things will appear here very soon and attracting a larger number of users. Sites like medium are fine, but they could be on here building an audience and who knows making a lot more than they are now.

  • @crypticat(74)· 2717d

    Don't need the money and been purchasing steem to buy influence. Most of my Steem has been bought and powered up. A couple hundred dollars here and there that may have been spent on other sources of fun. Yes Steem is just a hobby of mine that I don't mind investing in from time to time. The time invested far outweighs the money. I think it's better than many other hobbies and hey, it can grow. Blogging is only part of it.

    Posted using Partiko Android

  • @markkujantunen(77)· 2717d

    On Medium, you might get the clap. If you're very unlucky, you might get thousands of them. LOL

  • @markkujantunen(77)· 2717d

    Yeah, that Botticello guy is a moron. He clearly doesn't know jack shit about cryptocurrency. A cursory look at the top 50 of the projects on Coinmarketcap would've led him to look into Steem. No skilled writer would've looked twice at that Medium crap after understanding Steem.

    I bet I couldn't have earned a tenth over of what I have earned on Steem on a mainstream platform like Medium in the time that I have been active on Steem. Sure, it's a different ballgame in that engagement and relationships are everything here and it does take time. But a lot of people are social media addicts anyway.

  • @whatsup(76)· 2717d

    I accept that I might be wasting my time.

    I accept if I look at the hours I spend here it makes no sense.

    I tell myself that some day it might be worth something.

    I also feel like I am moving Crypto forward.

    In addition, I am getting an education while getting paid. At least a little.

    I'm glad you are hear with your interesting ways of seeing things.

  • @chesatochi(73)· 2717d

    Life present you choices to growth or possibility to follow. It is up to follow of what you believe.

    Posted using Partiko Android

  • @abh12345(80)· 2717d

    A double cheese for me please, and can you sneak an extra slither of gherkin on there?

    I'm pretty sure I've never moaned about what I collect after the 7 days are up, anything is better than nothing, which is what I would be paid elsewhere for my content I'm sure.

    I didn't realise the engagement on Medium was so poor, it's dreadful isn't it? Do the authors not respond to the comments at all? Is it because they cant reward their visitors? I read we need someone with an account to check, and actually, I'm not that fussed - so much more potential here!


    You've faced some pretty tough obstacles at times, I hope the work here is time well spent in the future.