RE: Could Steem Be Bigger Than We All Think?

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Could Steem Be Bigger Than We All Think?

in busy •  5 years ago 

The only problem I see with this is that peoples wallets and transactions are public.
Most of the population don't like that.

busy
5 years ago by

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      ·  5 years ago 

    They might not like that if they want to operate in in nefarious ways... but if they are honest and positive then they shouldn’t have any reason not to explore Steem, marketing SMT’s and Steem would need to ramp up

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        ·  5 years ago 

      Populus mindset changes very easy and often lately. On the other hand, wallets and transactions are public, but the real identities don't have to be, unless you want it.

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          ·  5 years ago 

        that's what decentralization is about, it's something that can't be changed

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            ·  5 years ago 

          'public' hmm,

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            [-]
              ·  5 years ago 

            Good idea to add a code where one can keep their wallet private

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              [-]
                ·  5 years ago 

              Good idea to
              Add a code where one can keep
              Their wallet private

                               - pouchon

              I'm a bot. I detect haiku.

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                [-]
                  ·  5 years ago 

                That is true. Although, to start, I imagine most will not look at it as money but more like reward prizes they get.

                For example, suppose that someone is posting on a site like SeekingAlpha. The activity earns SA tokens which have a use case on that site while also holding a monetary value. I would believe, most, to start, will just look at the utility and site access as opposed to the value it is worth in fiat.

                It will take a while for the later concept to take hold.

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                  [-]
                    ·  5 years ago 

                  Bitcoin transactions are public too

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