RE: China will make STEEM a huge success like it did with Bitcoin before [hard facts]
It will be great if the Chinese join us on Steemit. WELCOME GUYS !!
Good thing : Steem price will go up, SMD will be stable. so once the Chinese exchanges start adding Steem trading, we will see a price bump of Steem.
Bad thing might be: if the Chinese users grow exponentially faster than other nationalities, Chinese posters will be able to rack up high numbers of Votes and receive 50% of all Steemit payouts. this might in the short term hurt the Steemit platform, its hypothetical but i think this will happen.
I think overtime we need a language filter, which filters out languages we dont understand, so we wont get distracted by 100000 posts a day we cant read anyway.
About the rest of the concern in the other comments, i think we have to wait and see how it works out. i am sure that @DAN and the team have already thought about China joining, so ATM i am not worried about anything.
So guys, Welcome and we are waiting for yours POSTS !
Steemit is still beta. I'm sure, there will be some changes in the futures that helps to solve the language issue. Something like a filter system would be best. So anyone can filter out all the posts, that are written in languages, he can't read.
there is google translation you can add to your extension on google chrome. Helps translate any languages.