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RE: Steem wasn't built in a day: Is being MySpace so bad

in #future6 years ago

Ha, looks like I got here a bit late. I can't upvote you but I can spend these 13 BILLION RCs to leave this comment, lol.

I would say the entire point of being decentralized is to NOT be Facebook. We don't want every person in the world on Steem. We are going to have scaling issues along with everyone else.

Steem will eventually be a place where only the elite can transact. This is becoming very obvious with the new RC system; when Steem becomes very expensive plankton won't even have the RCs to post or comment much, if at all. Seriously, we have 60,000 users. What if we had 60 million? We have to go x1000 just to hit MySpace numbers.

I'm firmly against trickle-down economics in a centralized environment, but in a decentralized one it seems to work out perfectly. Ethereum is at max capacity so that opens the door for EOS and friends. Steem hits full capacity and that will open the door for other social media blockchains.

The comparisons made from blockchain to corporation are clearly in error. We simply don't understand decentralization so we project what we do know onto it.

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