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RE: The Steem streets: Looking for a place to invest

in #steem7 years ago

I'm of the opinion that we are not 100% there yet. I've done some pitching to big investors myself, just came back from a trip and I made it a point to spend some time doing so, but some of the challenges of Steem raised some eyebrows.

To me, some of the issues make it a very high risk move will be solved with communities, with a better policed system or maybe even with an SMT that solves the issues with distribution, but then again I'm also aware I could just be speaking with bias.

As much as you and I dislike bidbots they can be a way to attract invesment, meaning that someone who has absolutely no interest in making content or curating can simply buy steem delegate to a bot and profit, but the issues that rise from those actions are obvious to most of us.

I suspect that the moment where we find a more sustainable passive way of generating income for investors these concerns will be addressed, meaning that if more services, more products become available on this blockchain, maybe by the implementation of an escrow service or banking functions (think neoxian) at a wider scale, we might be able to offer fertile ground for new money while maintaining some of the integrity and Ethos we are supposed to live by.

Aggroed made a post about bots yesterday, a good read... I agree with most of it, and its always good to get the other side of the story.

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Yeah I read the post but it really doesn't change anything does it? Something needs to change but, I can't change it, you can't change it, 99.9 percent of the community don't seem able to change it.

Perhaps the Steemit account should upvote burn posts 100 percent 10x a day and show what pulling on the pool really does.