Let's start talking from the newest update.
After the poll results in an overwhelming yes, @steemitblog took actions rapidly leading to a second update.
Quoting from the Why part of the first post:
The reason why Steem has downvotes is to enable the Steem user base to self-regulate and police the distribution of tokens from the rewards pool. If Steem only had upvotes, that would enable people to exploit the rewards pool while leaving other users without the ability to counter that behavior.
This is extremely important. There has been the etiquette on Steem that flagging was a brutal behaviour, instead Steem is saying that downvoting it's a form of user-control on how rewards are distributed inside the platform. Things like plagiarism, scamming, spamming are not tolerated in the blockchain and should not be rewarded.
The second (in time) big news is the new Fiat to STEEM exchange. In fact FreedomEx added STEEM pair with various currencies, like US Dollars, Canadian Dollars and Euros. FreedomEx also has a Steem social profile that you can follow for the latest updates.
Last but not least, DTube has been integrated in Steem. Being able to embed D.Tube videos is such a step forward for video sharing and media contents.
I've been extremely happy of the latest development, those followed the #SPUD, Steem Power Up Day. Have you been powering up recently?
Steem is now #58 on CMC :((( It's sad to watch it fall
As long as you believe in a project and is developed, the position doesn't really matter. I'm full bullish on getting 10K SP locked in for a LOOOONG time @cyberblock.
If each users starts powering up instead of bringing out each little reward got from spam posts, the STEEM value will naturally rise with positive pressure from low liquidity.
It's been falling for two years though compared to other coins. Did you know that steem use to be in the top ten? lol
Awesome you can buy steem with fiat now. I’ll have to check that out.
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Thanks for your reply @dkid14! A lot going on past days
Fiat to STEEM exchange. @bafi what a great news . now can exchange .Its really helpful post for new pdate .thanks for your information
Glad that you appreciated the summary @kingrefat!
Hopefully this means that the spam will be less prominent. It was a major issue.
It really was! I hope it will be solved as well.
Hi, @bafi!
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Yeah, it's a great add for the community! thanks for stopping by @seemaabbasi