This is the video I mentioned. A bit long but an interesting point of view and not just the blowing of steam up Steem's ass you tend to get here:
The Great Steemit Debate: Tone Vays vs. Jeff Berwick "Ponzi Scheme or Paradigm Shift?
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RE: POWH3D (Proof of Weak Hands) should actually be POHS3D (Proof of Human Stupidity), here's why:
The Great Steemit Debate: Tone Vays vs. Jeff Berwick "Ponzi Scheme or Paradigm Shift?
I watched this one, and did you see Tone debating Ned and Dan?
I did not, hoping to get a chance to see that one.
But what do you make of Tone's beef with Steem?
Tone Vays wants everyone to just use Bitcoin, but realistically, Bitcoin is too slow and too expensive to be used on a Steemit style platform. Could you imagine waiting hours for your up-vote to go through, and spending a dollar or more to collect your rewards each day?
Definetely not.
I think a Steem block is 3 seconds. It’s like comparing a gun with a potato peeler, you wouldn’t want to defend yourself with a peeler, nor use your gun to scrape off potato skins.
Ha ha, exactly!