Looks like SteemTube may have some competition emerging.

in steem •  7 years ago 

I saw this article in my news feed today... thought it may be interesting to those behind/using SteemTube.


https://www.bloomberg.com/news/articles/2017-11-27/video-startup-can-t-outspend-youtube-so-it-created-a-new-currency-to-pay-creators

I wonder how the fact that it's already an established company with 40 employees, name-brands and tens of millions of established users will impact it's adoption/success. The one thing I'm sure of is that I'm happy to see cryptos used like this, to be attached to a product or service (like our beloved STEEM), giving them some actual intrinsic value of usefulness rather than just being another fiat backed by nothing more than the desire of some to collect them.

And it's nice to see YouTube/Vimeo getting a little competition in their market.

steem steemtube video cryptocurrency bitcoin
7 years ago by

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