RE: Will Facebook's BLOCKCHAIN LIBRA replace STEEM?
Great post @neavvy. Yes, it seems that Facebook and Libra have already taken control of the crypto market. BTC on the rise only because of Libra.
Steem is the classic idea man who goes down to the businessman. Looks like the twins got dupped by Zuck again.
There are a few corporations running everything. Facebook is in the club. A stable price makes these people happy. With a third of the world already on Facebook, and with it being so easy to use, they already have in place what Steem can only dream of.
Getting paid for content creation and using Social Media really worked on Steem for a bit. I'm sure some early Steem adopters got rich quick and Powered Down.
I'm going to keep my Steem until the ship goes down. However, let me know when the Libra Air Drop starts. Ha ha . . .
Thank you for sharing your insights @cyemela!
Yeah, interestingly there are a few more corporations behind Libra including Mastercard and Uber. Seems that the "old guard" is trying not to lose the initiative.
That's true unfortunately.
I think they rather collected an enormous amount of SP and are running bid bots currently making a fortune. At least I would do so :)
Apart of the jokes, do you think that this ship will go down? Recently I have such impression more and more often...
Sadly, yes. All the new coins and air drops took the value away from Steem as well. Libra will probably stay strong and not allow that to happen.
Indeed. Steem Engine is a great project, but new tokens, for example recent Airdrop of PAL clearly leads to the drop in the value of Steem.