Analysis like these are good to show the progress being made by the steem , showing in a quick and easy to understand wat how steem is becoming a sucessfull social platform that has wider array of content than facebook and its generating value for the community . So props for taking the time for running the analysis and making the post
However i think the results can be little misleading or confusing , as any social plataform doesent make money by just having users , but by the revenue this users generate by consuming and/or generating content
In the case of facebook this revenue comes from advertising and its estimated that the average user generates 20$ per quarter in revenue
So , in steem something comparable would be the rewards or sp being given out per user and post
Where most users dont make that much , and others make a lot , so the individual user probably doesent generate much value
Or maybe im mistaken , and steem is far more impressive when you look at it that way
It would be nice to run the numbers and find out
I think the idea of comparing the users' "market value" is a way of visualizing steemit's potential. It's not meant to show what one single user "is worth" or able to provide. It's much more an overall big picture ;)
I see it as a measure of productivity of each active user which I think is a valuable asset.
Solid argument.
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Steem derives value differently. Value is genereates when people buy steem and destroyed when they sell.
So if people want to get influence and thus buy the token this is how the value is created. This conpetes with thw advertising model of all other sites/apps.
I know how steem derives value , which is precisely why i dont think its acurrate to make the calculations based on just number of users / market cap
I dont think users have any value by themselves , for example it could be calculated by calculating the amount of sp vested on the network per user
Exactly @on247 . Pure and simple.
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