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RE: STEEM grows to $10 !!!! Valuation of steemit versus valuation of reddit

in #steemit7 years ago (edited)

I am torn apart between euphoria and lethargy. This is such a revolutionary platform and it works. I am very happy with what I made so far. But at the same time there is so much wrong with Steemit.

I feel like an extra in a daily soap opera with pyramid schemes, bot armies, intrigues, cartels, trolls and beautiful girls posting their selfies in the mall while buying their third Gucci bag with Steem money.


But even though Steemit is nearly as untransparent as Facebook (yes, I said it), the Steem blockchain isn't. And here lies the true power. Other websites like Chainbb.org or busy.org already show that you can make it differently. I still prefer Steemit because they are just not good enough, yet.

The Greatest driver though is the community itself. Despite all the flaws we see here, there is a dedicated community activating the hive mind and produce for the greater good while getting compensated at the same time. And the community comes together and creates tons of projects. Apps like @Viewly are in development building on the Steem blockchain to make a decentralized video platform with payouts like Steemit. @steemdevelopers want to pay students and teachers to take classes with Steem. This is a revolution!


So all these things are already creating so much interest and feedback that they will develop faster than Steemit itself. This will create an innovation pressure that either Steemit Inc will answer or others will come and take over to create much better things incorporating the Steem blockchain. Either way: Steem will rise.
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Lot of drama on steemit. Too much drama for a mainstream situation. Thanks for commenting.

p.s. what should I have spent the STEEM on for the girlie pictures I have been posting? I thought Gucci bags was apropos.

How about a complete Hipster makeover with accessoires?