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RE: If HardFork 21 Goes Through As Planned Will You Change Your Behavior.
Great job! I really respect how you are approaching things and it seems like an excellent plan.
Bitcoin as you know is a POW, meaning everyone knows the distribution is going to the miner who mines it. They also have a mature enough dev team to know that is how it works and that it will often be sold as a reult of paying for mining equipment.
In our case, DPOS was meant to be a distribution method.... Some how our stakeholders started to perceive this as their own ROI. They also don't seem to understand there has to be a demand.
I guess we will see how it all works out.
They should, also because a rich pool of satisfied users would also make STEEM much more interesting for larger investors in the long run than it still is today: interesting to place advertisements read by many, to market products, to disseminate information. The value of a (social) network is measured among others by the number of its users.
Exactly... The value is determined by users in social media and regarding the crypto part, you need enough people to decide it is a viable currency to add value there. Our numbers are pretty sad in both areas.