RE: Steemit is Powering Down 34 Million SP, Transferring to Bittrex, and Pulling Delegations - Why It's Good News!
I'm happy that you made this article, and I hope all the people joining the Steem blockchain get to read it!
In my view 27 cents for 1 steem is a great price, so if it goes to 12cents even, well thats just even better and I will become a dolphin :P
Unless it wasnt true but I remember around 8 months back, China rated The Steem Blockchain in the top 5?! The Dan, I believe is a very clever guy, and in his own words he said (something along the lines of) - " Ive created steem, eos and bitshares, not to make more money - I have plenty of money, but I wanted to create things that I can use myself to build other project's on in the future.."
People really forget that blockchain and crypto still need a few years before the world absolutely needs them in everyday life..
Yeah, I still need to see how blockchain is going to be so useful for all the things being claimed or tried. Data integrity. Check. trustless data validation. Check. Paid to game. Check. Otherwise... why not just have a centralized database for music, video, pictures, etc. Or maybe a few nodes... but not 100+ to store all data...
It will only work out good for this tech if the whole world wakes up to the amount of corruption in pritty much all aspects of society, the food chain, the pharma companys,medical data and personal data collection used to manipulate peoples buying habits and behaviors, banks, companys such as the police, dam - even the UK is a registered company!
They are just a few that come to mind without much thought :)
But as we all well know, the conditioning of the human mind is so unbelievably deep that it will take, well actually I really do not know what it will take before people say "fuck off!" Its a great start with the yellow jackets in France who are planning to take them euros out of the banks which will in turn crush the french banking system, and then they will look for alternatives, and I doubt we will go back to being farmers and blacksmiths trading goods because we are too accustomed to conveniences :)