Steem does not suck. I'm very optimistic about its long-term future. Steemit, Inc is clearly doing the right things. They were perhaps going about it a bit too slowly at first but it's looking very good at the moment. It may not be immediately obvious to people who have no background in IT. I don't really care about the short-term price action. It's so speculative and emotion-driven at this point. I think the long-term success of every blockchain project will heavily depend on the use case and the technological underpinnings. SMT's will be a game changer for Steem because during the next bull cycle the inadequacy of Ethereum as a token factory will become painfully obvious if Ethereum cannot get its own scaling solutions: A) agreed upon and B) implemented in a timely manner. I consider that unlikely. If the SMT protocol is ready for production next March, I think a great many more token projects will be implemented on the Steem blockchain. EOS will be big, too, but Steem has a two-year headstart on EOS. I'm sure there will be many kinks to work out for EOS. All the Larimer chains will have bright future going into the 2020's.
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I mostly agree.