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RE: Steemit, Inc. Financial Update

in #steemit5 years ago

If we were to gain users your AWS costs go back up, then you sell more Steem and we just lose the same users again. I find this a never ending cycle, I think we have to break. Releasing fully decentralized applications helps remove your AWS costs. I understand most people @ Steemit inc lost faith in Satoshi's values but perhaps we all can learn together from our past failures to build a better blockchain.

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"Releasing fully decentralized applications helps remove your AWS costs."

I am not a dev, so wish to make sure I understand this. Apps can ride on the blockchain but somehow either not increase data that requires hosting, or host it themselves? I know that Dtube uses IPFS, but other than that have little grasp of this issue. If you could clarify for me I'd appreciate it.

Thanks!

If we were to gain users your AWS costs go back up, then you sell more Steem and we just lose the same users again. I find this a never ending cycle

yeah ned might understand this @elipowell certainly doesnt... she doenst even understand basic cryptocurrency... she is a poser, a professional bullshitter, check her linked in its full of lies, like claiming to be working on the steem blockchain for years, she hasntbeen, she barely makes any posts....... she is a product of affirmative action and an SJW world we live in where people believe being a woman is her best qualification even if there are many more better qualified women like for example @whatsup who would do a better job than elipowell any day whatsup is female too so you get all the same brownie points for having a woman

Honestly whatsup has done a better job of managing her STeem based Drama Token than #Eli has done managing STEEM which has PLUMETED in Bitcoin value since she took office :D YES We CAN blame leaders and presidents for the market cycles!