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RE: Gamechanger: Steemit/Steem Needs A Direct Exchange. By Gregory Mannarino
Greg -- take a look at @jerrybanfield and the p2p exchange project hes funding alongside @jo3potato.
This definitely needs to happen on a larger scale, and as we can see from the hack rumors of Binance today, in addition to the SEC regulation nonsense, a p2p exchange is the inevitable trajectory.
Bitshares is good, but it simply doesn't have enough liquidity. Plus, its still not possible to convert to/from fiat in that system. Thats the key weakness in crypto right now. There's only a few (not an accident) entrances and exits for fiat.
Another issue is actually how a lot of whales are voting their own circles. There is not way for newbies like us to get anything by posting or curating. It has turned into buying votes from bots in order to survive.
Competition from FB also coming and the whales here don't understand how it's up to them to stop abusing the system in order for the whole platform to survive.
you're not going to be able to control what other people do with their vested voting power.
all you can do is keep grinding and look for opportunities. just like normal life.
That would be great. You could change this. We here at the bottom have a rough time just hanging around. Would have like to buy some today for sure.