CEO of Steemit, Ned Scott interview on NYSE - re-post due to popular demand
This video is from November 2016.
I recently hit 4k Followers so thought it would be a good timing to share this great interview I recorded way back. Enjoy!
Link to official CheddarTV Youtube Channel. (this video is not listed there)
Relevant video of Mark Zuckerberg talking about Facebook in 2004 when it only had 100k users.
Wow. Great share.
The interview of Steemit CEO, Ned Cott is incredible. Loved it. :)
And congratulations to @acidyo for crossing 4000 followers.
Yeah, he indeed is...I particularly loved his charisma sir😁
Im curious how the reward pool regenerates?
Yah me too
reward pool goes up and down based on traded price of steem. as long as their is confidence that steem has value and is likely to be tradeable to BTC or USD.
as long as confidence continues and grows, price of steem grows, and the reward pools grows.
two different perspectives of this situation
one view is this is a Ponzi scheme, the value of steem and reward pool will collapse to zero once the Ponzi scheme pulls in maximum users. early in gets most of the rewards.
alternative view is there is not that much difference between steem and USD. Once confidence in USD collapses, the USD will collapse and be worth a lot less. just like a Ponzi scheme. the lasst in to hold USD will get wiped out when the Federal Reserve Ponzi scheme collapses
Watched the video and I do think Steemit and steem have a great future I didn't realise it was so new . Cheers mike
Great milestone @acidyo! 4K? Very wow.
Thanks for sharing this interview. Very Enlightening.
I remember watching Ned Scott intervew not long ago, simple and informative explanation. As it should be.
Congratulations with new milestone man!
You're one of the pillars that support the community. And a lot of new creators are learning from you and trying to reach your heights.
So keep being awesome and have a nice day!)
How old is the video yo? Or when is the original post from? Thanks for sharing. I hadn't seen it yet! And congrats on 4k followers, that is impressive, but we'll deserved yo!
November 2016.... I would love to see Ned on more media shows like this! Keep spreading that word!
11 Cents per Steem....WOW it is around 1.35 a coin today.
Yeah, I tried my best to share this video around at the time and get many friends to buy even a little bit. Not many listened, the few that did are pretty happy about it nowadays. :)
and thanks. :)
I edited that in, its from November 2016.
Thanks for the post, very interesting. Just to be sure, when he talks about steem mining "bitcoin style" (starts at 3:06), is this still currenlty true or has this stopped? My understanding was that was the witnesses job (maybe I'm completely wrong?)
Yeah that part of mining was removed. :)
This was the interview that convinced me back than to make an account on steemit:)
Nice reminder, thank you!
@acidyo - It was nice to hear Ned Scott speak about Steemit. His explanation was what the concept behind Steemit is was so simple. I find it amazing to observe that Steemit has gone from strength to strength since Nov. 2016 when the video was recorded. Thanks for publishing it again. Since I am a new comer (minnow 26 days old) on Steemit, I would not have had a chance to hear Ned but for your video. Thanks also for all the good work you are putting in for the Steemit platform growth. Upvoted.
I went on am early morning photography and bird outing today to shake off my Monday blues. Have written a blog with collages of some nice birds (made with my original photos). I request you to take a look and let me know your views. Your comments will be eagerly awaited. Thanks
Thanks for sharing this.
Interview contains some very helpfull information for me. Congratulations for 4k followers. Keep growing like this. Wish you good luck.