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RE: $1,000 STEEM: Understanding Ecosystems Is The Key
So what happens when people start putting Isis beheadings and child porn on dtube/steem and the government gets involved? Facebook had their fake news, and now regulators want to put their dirty fingers all over it.
Blockchain is decentralized so no government can touch it. It is impossible to do.
D.Tube and Steemit obviously can be hit by government action depending upon the countries they are in since they are actual companies.
But then again, there are other companies that could pop up outside US hands.
I hope so. I’m so sick of government sticking its nose in my business. I feel like I can’t even breathe.
preach bro i'm wit ya
Government can touch the applications connected to it. And these are the entrance points where money is made. I deed, this is one of the most week points of steem. Put enough illegal content on the blockchain and anyone who is hosting, processing, viewing or - a especially european invention - even 'enabling access to - it, is commiting crimes and/or can be held for damages.
Only if the application is in an area the government can enter.
And again, it is only an interface to the blockchain...it Steemit got taken down, for example, developers could put up 3 more interfaces on Github to use that could be downloaded by anyone.
The developers can create interfaces quicker than the governments can play merry-go-round trying to take down apps.
They may not be able to close it down entirely, but the FED could probably do a lot of damage to steemit if they wanted to: there are less than 200 witnesses who run the servers, and most of those are in the States and many are nonymous (Jerry Banfield's even posted videos of where he lives on YouTube); in the grand scheme of things it's not that many people for the government to intimidate.
And you could get another vote another 125 witnesses in instantly if they went after them.
Hell, if push came to shove, there is even the ability to fork the entire blockchain and airdrop other tokens.
Yes, fair enough... but I do wonder how many people would be that committed in the face of state violence?
I am wont to believe that the greater percentage of society are not as depraved in their minds as the few who commit crimes online or post nasty content & these can be curated by the greater.
It wouldn't be that great from a marketing perspective either - IF such postings do start to crop up.
No it wouldnt, you are right about that.
But then again, that is akin to that stuff being on the internet and people shunning the internet because it is there.
Besides, that stuff can be down voted out....although the ISIS beheadings might get a following.
True, sorry by the way I don't mean to put a downer on future estimations of the value of the platform, but I do like to try and be a realist!
At the end of the day, it's all so very new it's difficult to make predictions. I mean, look what's going on with the latest SBD boom - is that a laundering pump or genuine ground-up interest?
I dunno,
And I look forward to the day when I have a rep of 70, and I can make $100 for basically just saying I don't know!
I dont get the SBD either....I havent figured it out. Why would someone pay $7 for something with a $1 face value. I know it is done all the time...speculation.
Either way, I am going to right it.
As for the downer, no problem, I always welcome discussion....this is blockchain, people are free to express what they want. That is what freedom is about...being able to say what one wants while also accepting that others can say what they want.
Too many want it one way...freedom to say what they want but censor others.
Yes it is impossible to guess what is going to happen but with what took place last year and what most likely is going to take place with Wall Street in 2018, I think it safe to say STEEM heading much higher.