RE: Steem - Good things are coming, even if the price hasn't realized it yet
Just because Steem retained more interest than other projects doesn't mean there was any interest to begin with. I confirmed this by checking Google Trends myself.
https://trends.google.com/trends/explore?q=steem,bitcoin,ethereum,litecoin,xrp
We can see that Bitcoin has the most interest of any crypto by a huge margin. This makes sense obviously because mainstream adoption is quite far away. Bitcoin is the obvious gateway into the crypto community. Everyone begins at Bitcoin and a small percentage will branch out from there.
That certainly is an interesting way to skew the results to make other projects look more valid though... I won't complain about Steem getting extra screen time. I'm still amazed that Steem hardly ever gets talked about... even in the context of decentralized social media... it's kind of mind blowing honestly.
Yea, but it wasn't really about skewing anything. The whole point of the rating and ranking system was to rate projects compared to the interest they saw at their peak. Nothing more nothing less. Compared to other projects steem hasn't lost as much interest since peak interest.
For sure. Mostly it reminded me of that other 'study' done using Google surveys that made the claim that 8% of the world owns crypto or whatever it was. Most stats are very heavily skewed into a purposefully subjective bias.
Haha very true.