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RE: Steem 0.16.0 Status Update
The change to 13 week power down will make Steem even more concentrated amongst whales, making it entirely non-viable going forward.
The drop in the inflation rate by charging it to everyone, is great, but the consumerate drop to 13 weeks is simply a power grab.
So when are you going to build your Steem-killing competitor to take advantage of these new devastating weaknesses?
Bitcointalk is full of foul-mouthed goobers and disgruntled attackers. A few days spent reading posts there was enough for me.
bitcointalk reminds me of my grandma watching soap operas all day
A most excellent comparison @craig-grant! Ooops! Granny has just pee'd herself again! GRRRRR!
I assume you would not throw out your baby with the bath water? If you don't understand those technical points, then maybe that will indicate to you that perhaps you don't understand the importance of Bitcointalk. I've been banned from Bitcointalk once or twice already, so it is not as if I am in love with the concept of a centralized, top-down controlled forum.
I see you live in Surigao. I've been there many times.
I read you have invested more than $700 in Steem recently. I hope that is a not a large amount of your savings. I hope you understand the risk of speculating on altcoins. Given you resteemed this blog, I presume you are speculating based on advice similar to that. Well I also commented recently that an early collapse is normal for a technology adoption investment curve, but that doesn't mean that every such collapse is indicative of a technology adoption curve. Many others simply die.
The point is that there can't be objective information in a circle-jerk echo chamber like Steem where everyone says what everyone wants to hear/read. Rancor is a necessary part of diversified information. Even academics have heated arguments. Have you see Freeman Dyson total dismantle the pompous Richard Dawkins (author the Selfish Gene)?
For you to learn about crypto-currencies objectively, you can't do that only from Steem. The news sites also tend to lag behind the level of deep inspection that you get from someone like myself at Bitcointalk 1 - 2 years in advance.
I'm doing fine without Bitcointalk, and I'll continue to be fine without it, thank you. $700 is a drop in the bucket for me. I've been in online marketing for 12 years, live in a two-story house, and want for nothing. $700 was what I had in Bitcoin, plus I tossed another $110 in here from another wallet. I'm new to Crypto as of this year. It's been an interesting journey so far. :) No babies.
Point taken. I'll check out some of your posts over there. Thanks! :)
Out of respect for what Steem has done for me personally and also for the crypto/blockchain ecosystem in general by leading the way, I prefer not to discuss that on Steem(it). Bitcoin is really the main target. We are all competing trying to provide the ecosystem that we can all rally around and go create 100s of our own profitable projects within such an ecosystem. The billions in the world are the goal, not destroying each other. I'm competitive person, but this really isn't like a sport. It is more about building a way for inclusion instead of exclusion.