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RE: Crypto, Commerce, and the Future of Steem

in #blockchain6 years ago

This was simple and yet an amazing read.

Blockchain technology is capable of changing the status quo of a lot of standard procedures today. Since the first blockchain emerged, the buildup and improvement on the tech itself has been amazing, But we're yet to see striking improvement in the aspect of adoption, which is normal for a new tech.

However, perhaps the bottleneck to Blockchain's adoption is caused by how early adopters have turned it to be all about the cryptocurrencies they can grab rather than the tech itself. There are only a few people who care about the tech, and that's why, as your post explains, you build something and the excitement dies after a few weeks/months. I hope that changes soon. and i think the quote below sums a part of that solution quite well;

So we need to become evangelists for the blockchain - to overcome the idea that the blockchain exists merely for the transfer of crypto from one person to another.

Albeit, we'd still need better working products to match the talk and be effective evangelists. Most dapps on the blockchain are not that great and at the moment, there's absolutely no reason why anyone would leave WoW for say, magic Dice!!

Interesting ideas you've got for Steem, BTW. e-commerce on a social chain would work really well. Too bad there was a project about to achieve that late last year, but due to infighting and corruption, it was over before it even began.