Quote from: AlexGR on July 25, 2016, 12:49:08 AM

Quote from: iamnotback on July 24, 2016, 09:49:59 PM

Quote from: generalizethis on July 24, 2016, 09:16:39 PM

https://steemit.com/steemit/@generalizethis/the-content-network

I know you are excited to find a blockchain app that you can use for ~~writing and expression~~("get rich instantly" deluded groupthink). But there is no way the world is going to adopt a blockchain 80% owned by the Larimers Incorporated.

Please explain why do you think the average user who sign ups to steemit and posts, needs to even care about who owns it.

I mean the people who matter (i.e. the investors) are not going to prefer such a disadvantaged position. Angel investors expect to get most of the company to compensate for their risk, especially when you are forcing them to lockup their investment for 1 year of weighted price risk.

Without investors, you can't fund the growth until some other revenue model is developed.

Some delusional blocknerds will foolishly invest their cash from outside of Steem. So there will be some pumpy before the dumpy.

Perhaps I am entirely wrong about the prognosis, but I don't see it yet. I see a lot potential in the concept, but I see some bad design and launch distribution decisions.