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RE: How to create 'Facebook (except on a blockchain!)'

in #steemit7 years ago (edited)
People talk so heavily about being different from the centralised platforms yet when push comes to shove, they act in an identical manner. Not only that, the largest staked, company owned account is backing them through delegation and helping them become major forces on the platform. So, where does it lead, what is different from all the other centralized scam advertising portals?

There is no such thing as a free lunch. Well, there is, thanks to speculation. But as I've said many times, for STEEM to have any monetary value in the long term, the time will have to come when corporations buy influence on the blockchain to promote their content on it. This stage when all there is propping up the exchange rate of STEEM is the prospect of some other speculators paying even more fore it can't go on forever. The blockchain will have to deliver on its monetary promise or die.