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RE: Steem earnings, Flipping burgers and Medium shillers

in #steem • 7 years ago (edited)

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.

7 years ago in #steem by
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         7 years ago 

        What people also don't factor in a place like Medium is, what then? What happens when your stories aren't getting traction because the competition is too high? The earnings aren't high enough to retire on and even while writing, rely on. 2000 a month(highly paid on Medium) is 24,000 dollars a year, 21k€ - tax. 16k. 1200 a month... I would predict that to get to that kind of earnings you'd have to be very well supported which takes a lot of effort much like a job but, you would still be some 20% under the poverty line in Finland I think.

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               7 years ago 

              Exactly. And you'd have to do research, write professional level text fast, etc. to earn any real money. €16k after taxes is scarcely enough to support one person in this country.
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