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RE: Why its good Steemit didnt have ICO and has no Ads - Based on Case of MyCellium

in #bitcoin7 years ago

Another reason why community tokens is a bad idea, steem is going to look like a scam fest when everyone and their brother can launch a token at the click of a mouse.

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Tokens have a myriad of extremely positive use cases, just like a hammer is a useful tool that can be used to build value. Sticking with this example, Steemit, Inc. is only interested in supporting vetted, positive use cases.

I'm extremely keen to have CBTs in the chain before figuring out how to allow them on Steemit. This will empower all the Steem devs, such as Chainbb Busy Zappl and major website operators who I communicate with on a daily basis to take advantage of Steem-like tokens while benefiting STEEM.

I think your wrong on that friend. The community tokens are going to create this incredibly free market within Steem.

Lol no. The community tokens are going to trade for BTC. Steem will be history

You were probably spreading FUD about ethereum too.

All ETH tokens are trading for BTC. Keep your assumptions to yourself please.

I didn't make an assumption or say anything about ETH trading for BTC. Try and keep up.

You didn't reply either, and your username is not contentjunkie,..OK got you

Won't these coins be on a sidechain? I don't know if you'd be able to sidestep STEEM in the process of buying/selling them. However, I can see where it might discourage holding STEEM for the long term, which is critical to the health of the ecosystem, currently.

This is what I think of the tokens, am I missing something? https://steemit.com/steemit/@trevorlyman/a-game-of-thrones-coin