New Social Network That Pays People to Use It Could Be The Facebook Killer (Steemit)

Saturday, May 12, 2018
By Paul Martin

Carey Wedler

Russia Insider has been publishing on Steemit for two months now, earning money for every post, upvote, and comment.

Anybody who wants to fight back against internet censorship should register on Steemit and similar blockchain-protected platforms. Once you publish something there, it can never be removed, thanks to the blockchain.

If you register on Steemit, you can support Russia Insider by following us and commenting there. Comments can never be removed. Registration takes a few days to be confirmed, but it is worth the wait. RI Editor Charles Bausman has also started publishing on Steemit. You can follow his account here.

If you believe people should be able to say and think what they want, then you should register on Steemit. It sends people like Zuckerberg a very strong message.

Facebook’s dwindling popularity is no secret, as users and organizations alike have criticized its ever-changing algorithms and lodged claims of censorship. In light of the most recent algorithmic changes, which have prioritized users’ friends’ posts over posts from public pages, even Facebook has acknowledged a decrease in the amount of time people are spending on the site.

Though there is currently no major alternative to Facebook that compares to the way Facebook served as a replacement for Myspace a decade ago, emerging options reflect the new paradigm: decentralized blockchain platforms.

In what is arguably a show of major recognition for these new options, Bloomberg Technology reported Tuesday on Steemit, an increasingly popular blockchain-based social media and blogging platform that allows participants to earn cryptocurrency for posting, commenting, and voting on content.

Steemit is already gaining traction with independent media outlets and journalists who have seen their reach on Facebook and traditional platforms suffocated (journalist Ben Swann recently joined Steemit, as have Anti-Media and many of our reporters, including myself).

Bloomberg’s report on Steemit documented the growth of the “financial internet” in general and its potential to disrupt the established internet order:

The Rest…HERE

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