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RE: CREDIBILITY: Naval Ravikant, AngelList Founder and Investor in Twitter & Uber, Tweets about STEEMIT

in #steemit9 years ago

Reading your comment on the idea that Steemit has intrinsic inherent value compared to Bitcoins and especially Ethereum brings about about even more motivation for me to do the same: Invest more of my efforts, time and talents to this venture. Thank you for sharing your thought on the matter, I wish you as well the very best in this journey, namaste :)

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Yes, the lack of use cases besides speculation has been the main criticism of other cryptocurrencies. This incentives hoarding and pumping, instead of increasing the utility of the cryptocurrency. Steemit is changing all that. By interacting with you at this very moment, we are both increasing the value of Steemit by creating a network effect.