RE: Dan Larimer and Satoshi's 2010 Interaction: Does Steem Solve Bitcoin's Scaling Problems?

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Dan Larimer and Satoshi's 2010 Interaction: Does Steem Solve Bitcoin's Scaling Problems?

in bitcoin •  8 years ago 

@richardcrill you are correct that either SteemIt or something very similar to it will surely be adopted by the masses. Steemit was the beginning. But if I were to place my bets its the Hollywood/Streaming/OTT space that will produce a mass consumer adoption of blockchain tech. The industry is ripe for it in so many ways.

SteemIts to me is at least a $1 Billion market cap project if they can figure out some business model kinks. But Hollywood is the industry that will produce a blockchain with a higher market cap than Bitcoin. Right now there are a bunch of projects including ours placing bets with different flavors of disrupting Hollywood.

Finally I don't know much about the gambling or online gaming industry but you should check out a project called PeerPlays. It is also another avenue that could gain mass adoption of a consumer market. It is also started by an original Bitshares member. We all are. And have worked with Dan. Part of the original vision of Bitshares was to enable these different flavors of the technology to various industries. This is now being accomplished through Graphene technology. Hope this info helps.

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