FOMO on Eos/Meos:D
That are the arguments why i dont invest my money in steem.
Some users said, that Steem(it) could profit from Meos, but i dont see the reason, why this should happen.
Of course, meos can lead to more interest on blockchain based social Media which could lead to more steem(it) users, but as soon as they check, that meos is better, whats the reason for them to prefer steem(it), when they can use the "better" meos. If meos gains users fast (which is highly probably) there is more interesting content and more money to earn, which are both good arguments for an user to use meos instead of Steemit.
Development on steem(it) is slower than on eos and steem itself does (no?) Marketing. Only some users make Marketing for steem but this is way to small.
Eos has more money, much more Developers, and Connections to trump etc. which shows, that they already making more/better marketing than steem:D
In my opinion the price of steem will probably rise way up in the next bullrun, but the price of eos potentially will rise up much more, when meos will be that good, and for me it seems, that meos will be f'cking good.
Yet im not invested in Eos and Steem, but i will invest in eos within the next month. Not that much, because im also really bullish on btc, eth, and iota (range rover partnership, coordicide, team,...)
But i will use/test meos instantly when its possible.
We will see, how this goes on:D
Thanks for the great article, hope to find you and @chappertron on meos:D
Right Bitcoin, Ethereum and Iota are adressing unique usecases which simply cant be adressed with centralised approaches. DPOS chains like Eos and Steem are hybrids, there is a focus on the social aspect (which runs perfectly on centralized platforms) but ^theoretically they can also tackle things like off-chain payments for Bitcoin. On Eos you can process Bitcoin transactions and they work it out. Same on Steem. But as you said, there is no initiative and no development.
Sure they have implemented rocksDB, so do Nebulas, IOST, Hyperledger (I thing also the IOTA reference implementation includes rockDB, not sure)..and many others run on levelDB. Its not a competitive edge. It reduces costs, but this does not translate into anything but more income for top block-producers. When you reduce the regulations for running a political party (e.g. you need only one person and no financial hurdles) does this change something to the parties actually sitting in the parliament/Bundestag? No, because the bottleneck for decentralization of the social layer are not the costs, but the initial distribution of resources like wealth. Its still the establishment which is in power.
you think the price will go up significantly? Yes meos will probably have a nice user experience for mainstream-users, the question is the privacy aspect and if there will be a niche for more complex content like articles. If it can be both a great investment (attractive for masses) AND also interesting for nerds and tech people...hmm lets see.
It's so exciting what the crypto scene has to offer! Better than any crime Story. Regards chapper
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