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RE: We are human ASICs: STEEM ponzi scheme Explained/Debunked
I think STEEM is an application platform that has features others can't provide. Primarily, the transaction of tokens reflect value perception by the "consumers" to content "providers". It truly sets value accountability on the merits of each work. It is a pure "capitalistic" approach to content valuation. Simply put, supply and demand without ads that push and force and cost.
Having said that, this value accountablity can expand not only to written blogs but videos, games and so many other types of content.
To this, your reference of us being human asics fits well. We process and hash out individual value perceptions and upvote, follow, resteem or the opposites.
What I love the most is the whole process having an intrinsic value. Even in PoS mining, the token/coin creation process itself has no value on its own. Steemit has built the single best mass community on the net and used the community itself as the mining process. It's Human Action within Human Action; 2 layers of pure capitalism. This gives me real hope about the future of EOS.