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RE: Why There Is No Need To Fear The Kodak Coin Or Any Other Corporate Coin (Facebook Coin): Steemians Rejoice

in #steem7 years ago

These corporations are just old. Their thinking is old. Their business model is old.

This system is a one trick pony.

  1. Discover / Steal something new.

  2. Wall it off / Control access.

  3. Begin rent-seeking.

  4. Repeat.

That is literally all they know. Bad news guys, you can't wall off the blockchain and still call it a blockchain. I mean you can, but none of us blockchain believers will buy it.

Sure you can pump Ripple or whatever other shitcoin you come up with and scoop up the people interested in fast money. But your corporate shitcoin will always lag behind the rest of the pack.

It will lack the things that gives this movement its power, the sources of its innovation.

Freedom. Openness. Decentralization.

Dear banksters and corporate cronies, get with the program or give up.

Thanks for the post.

Keep Steeming!