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RE: A MESSAGE TO THE WHALES FROM THE KING OF STEEMIT!
We shall see, but just keep in mind, Steemit was just a hobby experiment for Dan, and his EOS token will be used to build Steemit-like platforms galore.
Eventually, one of them will get it right, but I do believe Steemit's initial launch was flawed.
They should of put limits on how much Steem a person could buy versus earn, but they definitely have to do something. A 1% at the top is not going to equal out over the long-run, and if it stays... Steemit will definitely crumble.
But if people use EOS to build new steem-like chains, that will adversely effect the price of steem.
"Eventually, one of them will get it right, but I do believe Steemit's initial launch was flawed."
I think this is likely what will happen. Someone will build a new chain from the ground up very similar to steem, and will hopefully learn from the mistakes of steem.
Exactly right, but I would much rather put my money directly into EOS, because why invest in a gasless single product, when you could invest in them all.