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RE: 5 Natural Causes for Negative Sentiment Towards Steemit

in #steemit8 years ago (edited)

Great post! Although I disagree about Steem being fragile. I think it's incredibly robust and doesn't need to 'recover' from negative sentiment. It works and it's utility is so incredibly powerful that with so many people around the world who can benefit from participating on it, the naysayers will very rapidly become Irrelevant...perhaps they are already. Many people do not understand Steem yet but that doesn't change the strength, resilience and necessity of its architecture, governance, accessibility and utility. Steem is. There are enough people on this planet who care about integrity to ensure that Steem thrives. There is simply a lag in comprehension. Most critical systems our society rely upon have the appearance of robustness but are in fact fragile....as we are all finding out. Steem has the appearance of fragility but is in fact robust. The Steem price can go as low as it likes whilst all this comprehension stuff resolves itself. As long as the price never goes low enough to completely break the economics...which I think is highly unlikely...a low price only helps decentralise the Steem and making Steem ever more robust.

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Very much agree with the last sentence. It's a good time for people to access the currency, to buy Steem. Once we'll get under a certain level of "whale dominance", meaning once there will be a more evenly distributed liquidity, very interesting things will happen and will happen very fast.

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