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RE: China's Ministry of Industry and Information Technology Rank Steem #2 Blockchain Globally

in #steemit6 years ago

Maybe they see Steemit as a good idea to put social media on the blockchain but they aren't very worried about Steem because 90% of the steem power is held by only a 100 or so users. The sharing of information on steemit is decentralized but rewarding folks that share that information is very centralized. It's still way better than Facebook or Twitter.

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