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RE: Ever heard of the Satoshi Cycle? Can it be applied to Steem and Steemit?
No question about bitcoin being of a global etf, though not "officially" recognized yet, you can bet the officials recognize it.
Steem is already traded on the exchanges and Steemit seems to be maturing nicely though some recent growing pain.
More and more people are beginning to understand the "quality content" thing and how trying to scam the system only diminishes themselves.
The problem is that the current user base is relatively small. So you only need a small number of fake accounts to impact the overall community.
In the upcoming years, it wil become increasingly difficult for the scammers to try to play the platform.