Convergence: The Key To STEEM's Massive Explosion In The Near Future: Part 3

This is the 3rd part of a series as to why I believe we are going to see an explosion in STEEM due to a convergence of many variables all aligning up properly.

To review the reasoning:

1. The advancement of cryptocurrencies in general over the last 9 years: there were some successes and a host of failures, failures that led to knowledge causing developers to approach things differently.

2. People are fed up with government: Even governments are fed up with each other as evidenced by Venezuela and Russia discussing a currency together to break the USD stranglehold on them. Even governments are tired of the tyranny of fiat currency.

https://steemit.com/steem/@taskmaster4450/convergence-the-key-to-steem-s-massive-explosion-in-the-near-future-part-1

1. Wall Street is here: $140B increase in crypto market cap can be only be done by the money-raising power of the Street. They love a good story which means the "next Facebook" really excites them.

2. Rich and Poor alike can acquire STEEM: Wall Street can buy whatever it wants but the average person does not have that advantage. STEEM offers people the opportunity to get involved without any money. In fact, steemit pays people a small amount of STEEM to get started.

https://steemit.com/steem/@taskmaster4450/convergence-the-key-to-steem-s-massive-explosion-in-the-near-future-part-2

Major technological innovations do not happen in a vacuum. Instead, they are the result of years of research in many different fields which all came together at one time. It is almost as if everything magically lined up at that moment in history. Often, some will attribute it to luck but it is far from it. This convergence of breakthroughs is what makes revolutionary ideas happen in technology.

The Internet is siloed and people are becoming well aware of this fact. This entire medium is controlled by only a few entities. Amazon, Microsoft, Apple, Google, and Facebook wield tremendous control. Everything we do online is monitored by at least one of these companies. People realize they have no privacy anymore.

To make matters worse, these entities are not just monitoring, they are actively programming. The truth is starting to emerge how these companies filter the information people see. Facebook getting its panties in trouble with the election situation is a prime example. Whether they were involved or not matters none. What is important is people realize that the news they are receiving is anything but news. It is information that is pushed by those with an agenda. Naturally, it is easy to make the case this was always what occurred yet now it is becoming overt.

A tweet was sent out by Netflix mentioning the 53 people who watched some Christmas special everyday for the past 18 days (my numbers might be off but you get the point). This astonished people because here is an open admission that Netflix monitors exactly what people watch AND that information is accessible by employees. This is a major red flag. Rarely does a week go by that news does not leak about the spying these entities are doing on us. I believe we are starting to get to a point where people are getting concerned. The masses sleep for a long time but when they awaken, it gets ugly.

Which brings up the other point of their spying: not only do they monitor what each of us is doing, they sell the information to advertisers. Each of these companies is making their Wall Street friends very wealthy by selling personal data to advertisers. With the analytics of today, people movements are recorded so that each habit is known. This detailed information is used to explore and exploit every area of our lives. This situation is only getting worse with the new "personal assistants" that Google, Amazon, and Apple are bringing out.

Trust is disappearing. Not only did Facebook end up with egg on its' face (no pun intended there) over the Russia/election mess, they also were caught lying about the number of users they have. Of the two billions accounts they claim, anywhere from 1/3 to 1/2 could either be duplicate or bots. While the number of true users is still astounding, it just shows another instance where these companies are not trustworthy.

The trouble with the silos is your account can be closed at any time, without warning. All power is in their hands. Censorship, especially on Facebook and YouTube, is rampant. If you are not toeing the proper line in terms of what they deem appropriate, then your account is closed and content removed. The nanny state moved from government acting as big brother to these corporate behemoths.

It only takes looking on Yahoo Finance at the institutional investors to see who really controls these companies. Wall Street is made up of bankers and they are the ones who own the largest percentage of stock. Hence we are back to the same slave system. Unlimited fiat enables them to buy up whatever they desire. They run their pump and dump schemes (only they do it with the entire economy) which allows them to bail out at the top and buy back when the assets are cheap. This model was run for the past 100 years with great success.

People are starting to realize what cryptocurrencies offer. This is a path to freedom for many. People on steemit are not enriching Wall Street. Every upvote has a value, both on here and on Facebook. The only difference is on Facebook, the upvoter and content creator get nothing while Zuckerberg and the other stock holders on Wall Street profit. This is another example of how corporate entities profit off the backs of the average person. What is incredible about the Facebook and YouTube models is they do not even have to pay the people like most companies do. Instead, people volunteer to be enslaved through ignorance. Thankfully, many are waking up to that fact.

As I stated in the last post, STEEM is a token that allows people to get involved without any money. The only way to really shares in the profits off their back on Facebook is to cough up some money and buy the stock. For most, this is not a viable option. As soon as one's steem account is approved, he or she can start posting and receive compensation 6 days later.

This entire ecosystem is roughly 18 months old. It will take time for people to become aware of what is going on here. Blockchain as a concept is also starting to enter the psyche of people. As it does, the benefit of de-centralization will need to be stressed. On steem, nobody is monitoring your activities or accumulating data to sell to advertisers. In fact, there is no need for an adblock on steemit since there are no ads. This is an entirely new model which will become known to millions in 2018. Once people start to see others making money off doing things they normally do, that will start another stampede.

The herd from Wall Street is already here with their money; the herd from Main Street is just around the corner.

If you found this article informative, please give it an upvote and re-steem.

Pictures by Google Images.