You are viewing a single comment's thread from:

RE: Beware the Echo Chamber

in #bias7 years ago

One thing I left out of my bitshares description this time is that much of the rise occurred after it was confirmed that EOS crowdsale would be done on the ETH blockchain.

I know Tone Vays position, but just as I try to separate the positive things about bitshares tech and steemit from the negatives/criticisms, I try to parse his legitimate knocks from his bogus ones. The man notated the entire whitepaper with criticisms, it was worth working through to see the other side.

You can never ramble too much, ramble more IMO

Sort:  

putting it on the ETH was a wise strategic move and i think the BTS was an indicator that the market agreed.

I saw Vays tweet storm with the annotated white paper. in our debate, it boiled down to his belief that

a) the economics could not add up because content has no value (objective or subjective);
b) it was a scam because the blockchain can't be verified to be true; and
c) his opinion is more valuable because reasons

while he may have made other coherent points in his tweets, Steem evolves around the users and witnesses use of the blockchain to provide transparency. it IS NOT supposed to be like Bitcoin because it has a different use case and a different value proposition.

we did not end our conversation on good terms. :P

Coin Marketplace

STEEM 0.20
TRX 0.14
JST 0.030
BTC 69344.89
ETH 3347.76
USDT 1.00
SBD 2.74