FRED WILSON'S 2015 PREDICTION: A Social Media Platform (like STEEMIT) Could Be Blockchain's Kller App

Acclaimed VC Investor, Fred Wilson, had this to say about blockchain powered social media platforms in 2015:

"We have also wondered what the first killer app of the blockchain is going to be. Is it going to be personal finance (bitcoin), is it going to be peer to peer connectivity (mesh networking), or is it going to be something else?

There’s a chance that the answer to the struggle that Reddit is going through will also answer this question. It may be that there is no viable middle ground between a centrally controlled media platform and an entirely decentralized media platform. You are either going to police the site or you are going to build something that cannot be policed even if you want to."

Read more about his prediction here:

http://avc.com/2015/07/the-decentral-authority/