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RE: A Dolphin to a Minnow in 1 Month. Do you still believe in Steemit at these prices?
I started buying again at $1. I'll be buying more when this drops lower. I am completely confident in Steem and its long term potential. Steemit is only the beginning...
Is there any reason for your confidence beyond information that is widely known?
I think people underestimate what Steem is actually capable of. They see Steemit and think that's all there is. They're missing out on the bigger picture here.
For example, @picokernel built http://squeek.io - a Twitter-like site that runs on Steem. We can build out Steem into practically anything. Why not have all sorts of platforms, even ones already established, that integrate the voting mechanics and push value to content creators? It's possible, and getting built as we speak :)
We will see Steem-based comments sections in news articles, maybe even news, sports, and entertainment sites themselves. They can plug in the mechanics, keep their content separate from Steemit, if they desire, while still employing the voting mechanisms that distribute Steem rewards.
Can you imagine an Internet-wide Steem user ID? The implications of this would be astounding. The fact it works, has the throughput to handle the transactions, along with no fees on the blockchain, make this a much more likely than not reality in the future. Sure, Steem is exposed to the rigors of the crypto market, but we're used to this, pump and dumps happen all the time. I'm not looking at the price, I'm looking at the tech, and it's potential is jaw dropping.
I recently had a talk with a couple educators about building out a Steem-based education model. We have pretty big things planned, and will have another Hangout up later this week, so follow me if you're not and check that out, because it will be some fun stuff:
https://steemit.com/steem/@derekareith/steemedu-steem-s-future-role-with-education-google-hangout-with-kieran-nolan-and-tom-mcgann
Original post on the topic:
https://steemit.com/education/@derekareith/steemit-s-model-applied-to-education
Thanks for the update. I'm following you now and will stay abreast of your project. If you don't mine, would follow me in return?
I've been following you bro! XD