I'm super excited! I think it's great steemit is pushing out into the world, and I'm struggling to think of any huge problems with it.. in the interest of skepticism I'd like to figure out if there are any though.
Great post..although I'm sorry you had to deal with all that bureaucratic bungling!
RE: Smart Media Tokens - A Crypto-enthusiast's Perspective
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Smart Media Tokens - A Crypto-enthusiast's Perspective
Thanks for your sympathy.
The only problem I've ever had with the idea of Steem is the fact that it is an inflationary currency. It has no fixed cap like Bitcoin does. That made me worry that it would not be able to compete.
And yeah, Steem can't do what Bitcoin does. It can't be a better version of Bitcoin. But it can be the best possible version of Steem. And SMTs are a good example of what can be done with an inflationary cryptocurrency.
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