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RE: Why Steemit is a black swan event and how it is changing the world!

in #steemit • 8 years ago

interesting since I was listening to some economists and investors who were predicting exactly how the 2008 collapse would happen...in 2006. They were the minority view but they were right all along. They couldn't predict the time but they knew it was a game of musical chair...just waiting for the music to stop.

Was steemit predictable? I don't think so. It may very well classify as a black swan indeed.

8 years ago in #steemit by
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     8 years ago 

    Steemit was somewhat predictable. Something had to break. Here's why:

    • STEEM is non-debased money. It is clear what STEEM is. The same thing cannot be said of the USD, EUR, etc etc....
    • Blockchains were a thing
    • The internet was a thing
    • reddit, facebook, etc were a thing

    .....however the black swan part really comes down to talent and vision. The talent of the people who built STEEM and their vision for a better internet/world/community. The talent of the community leaders that helped STEEMit to happen. The passion and drive of the people behind the project-- that part-- surely couldn't have been predicted.

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