It is not a silver bullet, although it helps make it more salable for the long-term. Users who are signing up for free accounts via signup.steemit.com will still have to go through the same approval process, which is independent of what is happening in the hardfork. @bryan-imhoff is correct though that with the new discounted accounts being available now, it does open up more opportunity for other services to offer signup methods as well.
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