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RE: Will Facebook's BLOCKCHAIN LIBRA replace STEEM?
Thank you for sharing your insights @cyemela!
There are a few corporations running everything. Facebook is in the club.
Yeah, interestingly there are a few more corporations behind Libra including Mastercard and Uber. Seems that the "old guard" is trying not to lose the initiative.
they already have in place what Steem can only dream of.
That's true unfortunately.
I'm sure some early Steem adopters got rich quick and Powered Down.
I think they rather collected an enormous amount of SP and are running bid bots currently making a fortune. At least I would do so :)
I'm going to keep my Steem until the ship goes down.
Apart of the jokes, do you think that this ship will go down? Recently I have such impression more and more often...
Sadly, yes. All the new coins and air drops took the value away from Steem as well. Libra will probably stay strong and not allow that to happen.
Indeed. Steem Engine is a great project, but new tokens, for example recent Airdrop of PAL clearly leads to the drop in the value of Steem.