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RE: The core problem with Steem is the community

in #future6 years ago

Yes, you are quite right. The future of crypto is about real world adoption, not speculation. Real world adoption is lagging well behind speculation but is growing rapidly nonetheless.
As I spoke about at SteemFest, the cryptocosm represents a fundamental new form of human economic organisation - Peer Production with financial rewards integrated into the existing Firm and Free Market structure (as per Ronald Coase).
This is the biggest change in the world economy since the introduction of money! It is not going away and will continue to grow.
This is why I am very bullish on Steem because it is the most advanced crypto in this respect.

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This is the biggest change in the world economy since the introduction of money! It is not going away and will continue to grow.

Yep, I agree and even as price plummets, usage will increase. Price at this point is only a concern for speculators and sellers who need it but as compelling content and applications are delivered, people will use it despite price.

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