RE: A Radically Updated Steem Whitepaper
Steem escrow transactions would facilitate:
crypto-fiat exchange similar to that of localbitcoins.com
trade of real world goods and services similar to that of OpenBazaar
lending with SP as collateral that could be delegated back to the borrower
This, in my opinion is where developers should focus all their effort now.
It boggles my mind how no one has yet created a simple marketplace UI, where you can log in with your steem credentials and buy/sell anything without the outrageous ebay charges.
The escrow functionality has been here for months.
A marketplace is a key part of this whole project https://steemit.com/steem/@dan/steemit-s-evil-plan-for-cryptocurrency-world-domination
No offence to anyone but I see people building tons of useless apps on steem that adds very little value. Why not build something that will send steem to the moon instead?
The reason steem is still so undervalued is that most people still view it as a cash cow, when they realize the money earned won't actually exit the system, investors will pour money in.
Don't get distracted by the rewards, they are just a trojan horse. The real goal is to bootstrap a currency and a new economy around it.
Yes, YES!
I want an easy-to-use Steem shopping cart plugin to add to my website! ;)
Thanks in advance to the clever developer who comes up with that baby!
😄😇😄
Thats what I want too!
You probably right, so where are the tools for the new economy? Wouldnt drive the bootstrappong of Steem with marketplaces enabled using Steem as a primary coin? Wouldnt bootstrapping not be supported when getting the existing businesses to use Steemit/Steem as another promotional channel? But, commercial businesses have requirements, and they need to be fulfilled before they even consider to extend their communication and marketing channels with Steem/Steemit. I do not see anything that drives this! Nothing at all! While I know business segments that can be very interested in coming to Steemit, I also know that features at the backend are required on which I do not have any control over, so I (and others) can not start investing in the frontend features required to onboard these commercial businesses. The risks are simply to high! While when creating and executing a plan to onboard commercial businesses in a solid way, with co-operation of the various parties that needs to be involved, can drive the acceptance of Steem as a coin tremendously! As mentioned in another comment to this post: I do see a tremendous lack of (commercial) product management, a tremendous lack of winning propositions, and a tremendous lack of getting much more out of what is already being build.
Steemporium . It's a start.
Its so easy for people to be not just distracted but consumed by the payouts.....
Steemit has so much potential. Lets get it together community!
I started to reply, then the reply got to be too long, then it turned into a proposal, and then I forgot about it. If you are interested, here it is:
https://steemit.com/steem/@mkdouglas/proposal-how-steem-escrow-transactions-would-facilitate-trade-currency-exchange-and-lending-using-only-fiat-currencies-and-the-steem-blockchain-so-as-to-bypass-bitcoin-as-a-gateway-cryptocurrency-increase-the-number-of-active-steem-users-and-increase-the-