Yes, I think many of us don't know or have any real knowledge about this stuff.
With better knowledge, it is easier to see how much of an invention we have on our hands. Humans have a tendency to harbor grudges and rely on their lizard brains to make decisions, at least I would say that I think 80% of the population is like this. The question remains, was this built for those who make decisions based on Zipf's law, probability models and math, or is it built to attract everyone eventually?
RE: Dan Larimer and Satoshi's 2010 Interaction: Does Steem Solve Bitcoin's Scaling Problems?
You are viewing a single comment's thread from:
Dan Larimer and Satoshi's 2010 Interaction: Does Steem Solve Bitcoin's Scaling Problems?
Steemit was the first way that I ever earned any crypto. I do think Steemit or something very similar to it will bring crypto to the masses. I have been thoroughly impressed by STEEM and that it has held at its current price range. I am currently accumulating what I can!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great comment posts by you today Richard. +1 man
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@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.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
People will go where the money is. Right now I've worked out 5 economic strategies to increase you account value. Also questions like these can be somewhat answered on steem Q&A proposal using the stackexchange. It would be nice if we could have something like that on steemit, where we could increase our reputations.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit