Great work and very useful.
I'm still not sure, how this full-history-is-visible (=basic feature of any public blockchain ) will work in a long run, when steem(it) hits mainstream, having dozens of million users...
You know people will publish everything, this means even the nastiest stuff you can imagine, they will use it, misuse it and abuse it. Obviously I believe in freedom of speech but there can be harsh times, when people will say "Freedom of speech is nice, but security is more important."
I'm really curious how things will settle. And sometimes I'm not sure it will be for the best.
Anyway, thanks again, things you do are just great :-)
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Fair concerns.
That's the price we pay for censorship resistance. If someone decides to use the Steem blockchain for organizing terrorism or for distributing child porn, I suggest the transparency would work against them, exposing them to tracking and potentially facing consequences for their actions.
In perfect world: yes.
In real world: you believe politician will bother to do all the tracking and analysing? Or will they just ban all Steem, put it behind firewall...
Maybe they will not ban BTC 'cos it is very expensive to spread information on BTC blockchain, with Steem it is not.
Governments banning Steem will be a necessary test of the robustness of the blockchain.
True. I will be test of STEEM price as well, though.
Government bans thing, thing gets more expensive and popular. Happens with everything. Alcohol during prohibition. Drugs, marijuana, ivory, precious metals, even US dollars in Venezuela. We could have the same thing with cryptocurrency.