You are viewing a single comment's thread from:

RE: A shitpost with funky foods and random rambling

in #blog6 years ago

Regarding the current drama about the power down: honestly this is the first time I'm really worried about the future of Steem. The development of the platform is stagnating, pretty much since I joined and the leadership (aka. Ned) made a lot of suboptimal decisions regarding future developments. In a bull market this is not a problem, but when the bears are here and stay for a while. As it seems they are going to hibernate, prolonging the crypto winter even longer, since Chinese New Year is traditionally a time when crypto markets are going down.
Ok, I'm a bit losing my point here, but what I want to say is that the future of Steem doesn't look too bright, because it is slowly losing its first mover advantage and that would really be a pity. The ironic thing is that even there are a lot of questionable things going on, the price of Steem was actually increasing during the last two weeks.

Posted using Partiko Android

Sort:  

i think i've been worried about the future of steem the moment ned talked about whitelisting because that's what dictators do and he didn't even realize it. this was like last june and ever since i felt like he was a ticking time bomb.

he created an echo chamber with a bunch of yesmen and dicksuckers. he is clueless why people wanna fork him out.

dan was probably the last line of defense against ned's dictatorship but i don't think he had much power within stinc. it's no surprising that he said steem was unfixable when he left.

at least i'm happy that people are now seriously talking about forking steem without ned's giant stake which is disproportionately large compared to his lack of skills in any area. it lets me know that this community is still kinda strong and they wanna embrace decentralization. at least some of them.
https://steemit.com/stopthepowerdown/@aggroed/deescalating-and-working-towards-a-mutually-beneficial-solution


i only see 2 options.

  1. ned leaves realizing that he does more harm than good (or someone buys him out)
  2. fork steem and get rid of the dictator

otherwise yea, steem has no future.

The thing about the yesmen is that a platform like Steem fosters this kind of pandering or cult of personality, when you have a big stake people will always compliment you, in the hope of getting a big fat upvote. This comment sums it up pretty well: https://www.reddit.com/r/eos/comments/a2jen4/comment/eazwxi1

Also check out Dan's views on the state of STINC:

Honestly, looking at Steem in its current state, I think that forking out STINC would be bad, because I think that in the current bear market the community would not be able to carry the development on its own. Also the whole onboarding process would be much more difficult (SP delegation for new members).
About Ned: he didn't show much foresight (announcing SMTs towards the end of the big ICO craze or declaring Steem's Application Specificity an advantage for creating DApps, including an IMHO rather odd ASIC analogy), but still I think that "kicking" him out would solve the core problems of Steem, like getting more new users and making them stay on the platform. If Ned really gets forked out, Steem will always be the blockchain, which kicked out its founder and I don't think that this is appealing for new users or investors.

Looking how Steem developed during the last year and how well known it is (even within the crypto community), I think that Steem will one day become the crypto MySpace.

Posted using Partiko Android

mostly i agree. except i think the ability to kick out a dick-tator like ned is something very positive for new/existing users. maybe less so to similar minded dictators who wanna control everything, the kim jong uns and neds of the world. it might look bad for the short term but if this goes through it'll be steem's very first step towards decentralization cuz right now it's so centralized around stinc it makes fb's centralization look like nothing.

but yea if it takes crypto myspace to get rid of ned i'd say it's worth it, even if it means death of steem.

anything to get rid of the dicator, at all costs. as long as ned is around the "death spiral" isn't gonna stop and steem will die 100%. so might as well try something new.

Something has to be done, I'm also for STINC fading out in the long run, but I think that for now Steem needs STINC for further development of the blockchain.

And yeah, Ned didn't handle this situation too well (again) and he seems to really be afraid of losing his power and influence on Steem.

Posted using Partiko Android

yes he should be very afraid cuz he's obsessed with the power the stake has given him. exactly how kim jong il used to be paranoid about keeping his power and doing absolutely anything & everything. you have no choice but to exhort to more and more dictatorship.

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 59046.50
ETH 2654.73
USDT 1.00
SBD 2.50