I am not throwing these words idle around, I dived down into the dictionary to make sure I was phrasing the headline correctly analyzing the Russian Twin Brother of STEEM, namely GOLOS.
Basically nothing has happened in GOLOS since they forked off STEEM to create their own russian blockchain... in fact, there are more russians joining STEEM then GOLOS for one simple fact - GOLOS is run by a group of fascists that systematically do the following:
- A system of government marked by centralization of authority under a dictator, stringent socioeconomic controls, suppression of the opposition through terror and censorship, and typically a policy of belligerent nationalism and racism.
Or in other words - they use their technical accounts all over the platform to upvote/circlejerk themselves and flag everyone else who is not a member of the Russian National Click/Part of the Circlejerk-club of Russian Nazis. Imagine if the Steemit account went rough?
- A political philosophy or movement based on or advocating such a system of government.
Or in other words - "Golos INC." if we can call them that, believes they are the owners and the rulers of the GOLOS blockchain, and investors/witnesses are only peasants of no value.
- Oppressive, dictatorial control.
Or in other words - "Golos INC." Through straw men/women/sockpuppet accounts threatens bloggers, businesses, investors to "stand in line" and "Do what they tell you to do".
Shady dealings behind the scenes is what is going on.
The result of all this is the following:
- All developers quit the GOLOS project
- GOLOS still is struggling with the n^2 reward curve
- War & Drama is more cunning & destructive than anything I have ever seen before.
So my conclusion after being an insider in both GOLOS & STEEM is that GOLOS is not Business-friendly and the culture does not offer investors any bright future. Their leadership is incompetent at best and lacking at worst, and did I mention they have no developers and an outdated fork?
Steem on the other hand has become so stabile, extremely business, user and investor-friendly. The failed GOLOS project could humble themselves and do something positive with the remnant of 50 circlejerkers that are still around in there, but I wont support it anymore. I have seen the russian masses and what they do, how they do it and why they fail. I don't think I will do business with russians in the future unless they have proven themselves worthy of such a thing by a track record of success and kept promises.
@inertia has gathered plenty of data from our experiment over there, looking forward to that post. In the meanwhile, Im licking some sun, enjoying life and two scoops of ice cream.