RE: People Ask Me What’s Happening with Bitcoin. Here’s Why I’m Dreaming Bigger.
That's right, Steemit is the short / mid-term future. Don't want to be a killjoy, but Steemit's mid-/longterm future may be not so bright as we all wish it would be. What do I mean?
First, let's have a look at Bitshares: BitShares is built to be fast, efficient and scalable to handle the tens of thousands of transactions per second that go with being a decentralized exchange: Openledger.io.
Now, Dan Larimer, the visionary programmer of BitShares AND Steemit is now developing EOS.
And he has announced in interviews, that he sees his work with Bitshares and Steemit finished. So he is currently putting all his "steam" into EOS :). He has also stated, that with EOS, everybody (meaning developers) will be able to create platforms like STEEM/Steemit and Bitshares/Openledger.io easily and even much more. And let's be honest, Steemit is still in Beta and needs a ton of improvement. So what speaks against another platform overtaking Steemit? Especially with a really good marketing (Steemit still has no marketing).
This post won't get much likes as usual, as we won't smear honey around people's mouth and tell them what they want to hear, we'll continue to tell you the truth, no matter what, that's our mission.
I've been a loyal follower of Dan for more than three years and through BitShares, Steem, and EOS. I think EOS is great and I hope it will have some great synergies with other projects.
I'm still all in on Steem.
Hope for the best for Steemit, but could you at least take a position on our arguments? Why should people go all in on Steem, but not in EOS? Just because they "believe" in it?
Anybody can fork it now if they want to. I don't see many doing that. When you have a community of millions of users, that doesn't get replicated overnight by someone's code.
The current userbase of Steemit is 500k, golos.io is a fork of Steemit that has been done in cooperation with steem ink (the company behind steemit) and has already tens of thousands of users. It has been created solely for the Russian community, and since then you don't see much Russians on Steemit anymore. Wait for the Korean/Japanese/Chinese/German/French fork and several others. That's just proving how easily it can be forked. And when you take the story of myspace and FB into consideration, it is much much more possible for some company to overtake steemit with a more user-friendly interface. That's not a hating or trolling, but just looking straight into the facts, without emotions.
I actually think forks are better for some communities, but sidechains will enable more synergy.
I also believe in Steem but .. yes, there's a but - the reality that bites is that most cryptos are dependent on BTC's performance.
However, you are so right - we should focus more on promoting Steem! More noise on it could pump the market - some whale in the chat told me before and I've seen it happen so - it was during the whale wars when the Steem price went up. I don't like that 3 letter word but I guess making more noise about Steem would indeed make it more famous so guess what - the past few days I've been spreading the word to almost all of my social media and fingers crossed we're going to get more user influx than before - the next question is - would we be able to sustain it?
great to follow this post and your comments @donkeypong and @cryptocentral. I wish I would have been here earlier. Thanks for all the infos.
I see EOS as complimentary to STEEM, not a replacement for it.
Good frank analysis. Dan moving on to EOS may mean STEEM has a top end limit. Where would Amazon be if Bezos had left after 2 years? Where would Apple be if Jobs left after a couple of years? OK, that was a trick question wit a complex answer, but it still proves my point of concern
STEEM On!!
DaveB