The SteemIt Inc and @ned has let everyone expectation down about steemit with their continuous powering down of their stake in steem. But maybe I still believe that the community here on steemit can still progress without them @whatsup
I would disagree on you with that. From my observation, a majority of Steemians got caught with irrational exuberance during the 20k rally.
This market downturn has an emergent property of flushing out unsustainable low-performance project. Hoping it to get back up to save Steem is what we should avoid at all cost.
Steem (as a blockchain, steemit.inc is invisible to me) is a project with stellar idea but evidently poor execution. It's not to late to save it. We have the userbase, we have the dapps.
The less we rely on Steemit.inc, the better chance we have at actually finding a right direction.
Time will tell. It would help a lot if the markets heat back up some.
I would disagree on you with that. From my observation, a majority of Steemians got caught with irrational exuberance during the 20k rally.
This market downturn has an emergent property of flushing out unsustainable low-performance project. Hoping it to get back up to save Steem is what we should avoid at all cost.
Steem (as a blockchain, steemit.inc is invisible to me) is a project with stellar idea but evidently poor execution. It's not to late to save it. We have the userbase, we have the dapps.
The less we rely on Steemit.inc, the better chance we have at actually finding a right direction.
You make an excellent point regarding sustainability and the flushing of the rif raf.
I agree we can not/should not count on them. But their stake and ownership of the development process is also a real challenge.