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RE: Is Crypto Pumping? What Are The Risks?
Steem has far more "value" than bitcoin. Gold was traditionally a store of value simply because it had no other use... and was scarce. Follow the use cases.
This is far more like the adoption of cars over horses. There is no going back to centralization... as long as your crypto is working for you then you'll be just fine.
Steem is centralized though, the 'devs' own over half of it.
Mostly in the form of upvote bots and delegated stake to encourage more growth. In this case the chicken comes after the egg; there is no doubt the platforms like dlive, dsound, and vanilla steemit aren't orders of magnitude more beneficial for the average user who up until now had to subject themselves to data collection, poor clickbait content, and ads in general. Without even the possibility of monetization might I add.