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RE: Don't Buy the Bearish Hype -- STEEM is Far From Over!
Excellent break down. I think I now understand a few more techno jargon words for the exchange.
And spot on with this statement.
Steem will always have value because the community values it and the more we value it the more other will too.
Nice post. Followed.
Thank you very much! I had to get that ponzi scheme argument out there -- ponzis inherently have no value other than the recruitment of others. With Steemit, the value comes from the creative synergy generated by the community. In fact, it's not possible to recruit in the traditional sense of the word. So even on a technicality, Steemit cannot possibly be considered a ponzi scheme.
Here's basically a follow-up to the above article -- https://steemit.com/steem/@bullishmoney/why-apple-stock-aapl-is-actually-over-valued-while-steem-is-the-future This analysis shows that mainstream stocks are actually far inferior to cryptocurrencies, such as STEEM, by a very wide margin.