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RE: Bitcoin Trust VS Steem Utility
Well, your worst case scenario might actually become reality if @Ned's last post is anything to go by. But like you said, there's nothing else like this out there. As long as Steem keeps chugging along I'll stay. Where else can you get 1 immutable account that works across a variety of dapps. Sure there are projects that do something one of Steem's dapps does, but it's just one dapp. Steem has it all under one umbrella, you can't beat that.
Thanks for directing me to that post. It seemed odd that Steem would fall from the 30's to the 50's on the market cap. This is a clear mismanagement of funds. When Steem was expensive they could have bought more than enough runway to get themselves through the Winter.
I guess that's what happens when you're riding high on $8 Steem and choose to double down.
You're welcome. :) Even if we've seen the actual bottom now the community has been taught a valuable lesson. We need to grow totally independent of steem inc. It would be nice if they continued to work on the blockchain ofc, but they've dropped the ball one too many times to be reliable.