Post
Topic
Board Altcoin Discussion
Re: What do you think of STEEM?
by
generalizethis
on 24/07/2016, 23:07:55 UTC
Steemit's strategy should be to create competition between content providers--which is what I think they are doing.

Disagree. The strategy should be to match content to content consumers in a harmonious and mutually uplifting social experience. Not a cutthroat one-size-fits-all groupthink dominated by blocknerds.

"Idealism, hi! Meet, nature."

Ethereum met nature, and Bruce Wanker explained it.

Remember I was stating from the beginning what wouldn't work and everybody was so happy to ignore me.

You and Roach nailed Eth to the wall and I acknowledge it in that thread. But this is a different animal, current centralization doesn't necessarily impede what it is trying to accomplish--though there are a lot of complex factors at play. What I'm telling people in my life is to, "sign-up, if you have a talent to express, express and hopefully get a payout, and then reinvest the reward. " Anyone investing their life savings or kid's college fund is an idiot--this is angel investment level risk and success rates for that are 1 in 10, 1 in 15? The point of angel investing is that the payoffs are ridiculous and warrant the associated risk.